A Graph Theoretic Approach to Markets for Indivisible Goods / Andrew Caplin, John V. Leahy.

Format:

Book

Author/Creator:

Caplin, Andrew.

Contributor:

National Bureau of Economic Research.

Leahy, John V.

Series:

Working Paper Series (National Bureau of Economic Research) no. w16284.

NBER working paper series no. w16284

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2010.

Summary:

Many important markets, such as the housing market, involve goods that are both indivisible and of budgetary significance. We introduce new graph theoretic techniques ideally suited to analyzing such markets. In this paper and its companion (Caplin and Leahy [2010]), we use these techniques to fully characterize the comparative static properties of these markets and to identify algorithms for computing equilibria.

Notes:

Print version record

August 2010.