Construct · 1 fields · 1 citations

house allocation problem: a standalone construct

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Market design

the problem of assigning indivisible positions or objects to people without money, solved by giving them fake budgets to buy probability shares.

In market design, house allocation problem refers to the problem of assigning indivisible positions or objects to people without money, solved by giving them fake budgets to buy probability shares. This meaning comes from Hylland (1979) in Journal of Political Economy.[1]

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Nearby constructs

allocation3 fields · 4 citationsjingle · one word, three constructs co-product allocation1 fields · 1 citationsanchor · a standalone construct house1 fields · 1 citationsanchor · a standalone construct

References

Hylland, A., & Zeckhauser, R. (1979). The Efficient Allocation of Individuals to Positions. Journal of Political Economy, 87(2), 293-314. https://doi.org/10.1086/260757

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