12.7高级经济学讲座第期

题目:

TheEnglishHousingMarketMechanism

报告人:

鞠源英国约克大学教授

报告摘要:

Abstract:ThispaperintroducesamodeloftypicalEnglishhousingmarkets.Insuchmarkets,therearemanyfirsttimebuyers,movers,andsellers.Duetofinancialconstraint,mosthomeownerswhowishtomovearedependentonthesaleoftheircurrenthouse.Acrucialfeatureofthemarketisthatagentsmaysimultaneouslyhavetwodifferenttypesofpreferences:buyingandselling.Weformulatethisproblemasageneraln-personnon-transferableutilitygameandestablishtheexistenceofcoreallocations,i.e.,thoseout







































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