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What is Core-Selecting Exchange with Preferences about?

This paper presents the augmented top-trading-cycles (ATTC) procedure for core-selecting exchange under conditionally lexicographic preferences, addressing the complexities of resource allocation without monetary transfers. The ATTC is shown to be core-selecting and operates in polynomial time, while finding beneficial misreports is NP-hard, indicating limited incentives for agents to misreport their preferences. The study also explores the relationship between misreporting and manipulation types such as sp

Author
Old Cool
Language
EN