{"title":"Economies with complex property rights","authors":"Ivan Balbuzanov, M. Kotowski","doi":"10.1145/3476436.3476443","DOIUrl":null,"url":null,"abstract":"We discuss the exclusion core, a solution concept for object-allocation and object-exchange problems. The exclusion core is based on the right of exclusion and is especially useful for the analysis of economies with complicated property arrangements, such as those with shared ownership. The exclusion core coincides with the (strong) core in classic settings, and is closely related to the celebrated Top Trading Cycles algorithm.","PeriodicalId":56237,"journal":{"name":"ACM SIGecom Exchanges","volume":"19 1","pages":"30 - 44"},"PeriodicalIF":0.6000,"publicationDate":"2021-07-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1145/3476436.3476443","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"ACM SIGecom Exchanges","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1145/3476436.3476443","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"COMPUTER SCIENCE, INTERDISCIPLINARY APPLICATIONS","Score":null,"Total":0}
引用次数: 0
Abstract
We discuss the exclusion core, a solution concept for object-allocation and object-exchange problems. The exclusion core is based on the right of exclusion and is especially useful for the analysis of economies with complicated property arrangements, such as those with shared ownership. The exclusion core coincides with the (strong) core in classic settings, and is closely related to the celebrated Top Trading Cycles algorithm.
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