Thursday, April 18, 2024

Top Trading Cycles (TTC) and the 50th anniversary of the Journal of Mathematical Economics

 This year marks the 50th anniversary of the Journal of Mathematical Economics, and also of the Top Trading Cycles (TTC) algorithm that was introduced in Volume 1, number 1 of the journal, in the paper by

Shapley, Lloyd, and Herbert Scarf. "On cores and indivisibility." Journal of mathematical economics 1, no. 1 (1974): 23-37. 

TTC was further analyzed in 

Roth, Alvin E., and Andrew Postlewaite. "Weak versus strong domination in a market with indivisible goods." Journal of Mathematical Economics 4, no. 2 (1977): 131-137.

Now the JME is assembling a 50th anniversary collection of papers surveying some of the resulting literatures, with some papers posted online ahead of publication. Here's what they had as of yesterday, including an article on Top Trading Cycles, by Morrill and Roth, and one on Housing markets since Shapley and Scarf, by Afacan, Hu, and Li:

JME’s 50th Anniversary Literature  Edited by Andres Carvajal and Felix Kübler

  1. Top trading cycles

    In Press, Journal Pre-proof, Available online 16 April 2024
    Article 102984
    View PDF
  2. Bubble economics

    April 2024
    Article 102944
    View PDF
  3. Stable outcomes in simple cooperative games

    April 2024
    Article 102960
    View PDF
  4. Fifty years of mathematical growth theory: Classical topics and new trends

    April 2024
    Article 102966
    View PDF
  5. Housing markets since Shapley and Scarf

    April 2024
    Article 102967
    View PDF

##########

At least one of the papers in the (virtual) special issue is already published, I gather that some will be in the June issue:

Monday, March 4, 2024

No comments: