Now available online is the first in what I understand will be a series of papers commemorating the 50th anniversary of the Journal of Mathematical Economics. The paper by Shapley and Scarf appeared in volume 1, number 1. (Thayer Morrill and I will have a paper surveying the literature on the Top Trading Cycle (TTC) algorithm, which was introduced in that first paper.)
Housing markets since Shapley and Scarf by Mustafa Oğuz Afacan, Gaoji Hu, and Jiangtao Li, Journal of Mathematical Economics, Available online 1 March 2024, In Press, Journal Pre-proof, https://doi.org/10.1016/j.jmateco.2024.102967
Abstract: Shapley and Scarf (1974) appeared in the first issue of the Journal of Mathematical Economics, and is one of the journal’s most impactful publications. As we approach the remarkable milestone of the journal’s 50th anniversary (1974–2024), this article serves as a commemorative exploration of Shapley and Scarf (1974) and the extensive body of literature that follows it.
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