Arbeitspapier
Transferring Ownership of Public Housing to Existing Tenants: A Market Design Approach
This paper explores a housing market with an existing tenant in each house and where the existing tenants initially rent their houses. The idea is to identify equilibrium prices for the housing market given the prerequisite that a tenant can buy any house on the housing market, including the one that he currently is possessing, or continue renting the house he currently is occupying. The main contribution is the identification of an individually rational, equilibrium selecting, and group non-manipulable price mechanism in a restricted preference domain that contains almost all preference profiles. In this restricted domain, the identified mechanism is the equilibrium selecting mechanism that transfers the maximum number of ownerships to the existing tenants. We also argue that the theoretical model represents an extension and an improvement of the U.K. Housing Act 1980 whose main objective is to transfer the ownership of the houses to the existing tenants.
- Language
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Englisch
- Bibliographic citation
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Series: Working Paper ; No. 2015:12
- Classification
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Wirtschaft
Cooperative Games
Bargaining Theory; Matching Theory
Social Choice; Clubs; Committees; Associations
Positive Analysis of Policy Formulation and Implementation
- Subject
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Existing tenants
equilibrium
minimum equilibrium prices
maximum trade
group non-manipulability
dynamic price process
- Event
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Geistige Schöpfung
- (who)
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Andersson, Tommy
Ehlers, Lars
Svensson, Lars-Gunnar
- Event
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Veröffentlichung
- (who)
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Lund University, School of Economics and Management, Department of Economics
- (where)
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Lund
- (when)
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2015
- Handle
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Andersson, Tommy
- Ehlers, Lars
- Svensson, Lars-Gunnar
- Lund University, School of Economics and Management, Department of Economics
Time of origin
- 2015
Other Objects (12)
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Transferring Ownership of Public Housing to Existing Tenants: A Mechanism Design Approach
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Foreign Ownership and Transferring of Gender Norms
Foreign ownership and transferring of gender norms
Tenants’ residential mobility in Switzerland: the role of housing functions
Low-income tenants’ housing accessibility and affordable housing provision barriers. The case of Kigali, Rwanda
The wellbeing needs of social housing tenants in Australia: an exploratory study
Neighbourhood Impacts on Wellbeing: The Role of Housing among Low-Income Tenants
Retrofitting social housing: reflections by tenants on adopting and living with retrofit technology
Effective Public Rental Housing governance: tenants’ perspective from the pilot city Chongqing, China
The health and wellbeing of Australian social housing tenants compared to people living in other types of housing
Transferring Ownership of Public Housing to Existing Tenants: A Mechanism Design Approach
Transferring ownership of public housing to existing tenants: a mechanism design approach
Transferring ownership of public housing to existing tenants: A mechanism design approach
Foreign Ownership and Transferring of Gender Norms
Foreign ownership and transferring of gender norms
Tenants’ residential mobility in Switzerland: the role of housing functions
Low-income tenants’ housing accessibility and affordable housing provision barriers. The case of Kigali, Rwanda
The wellbeing needs of social housing tenants in Australia: an exploratory study
Neighbourhood Impacts on Wellbeing: The Role of Housing among Low-Income Tenants
Retrofitting social housing: reflections by tenants on adopting and living with retrofit technology
Effective Public Rental Housing governance: tenants’ perspective from the pilot city Chongqing, China