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| Ismail Saglam and Ayse Mumcu |
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| ''The core of a housing market with externalities'' |
| ( 2007, Vol. 3 No.57 ) |
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| It is known that the core of a housing market always exists and contains a unique matching when agents have independent preferences. We show that when preferences of agents are interdependent, there are housing markets with an empty core as well as housing markets with a core containing more than one matching. |
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| Keywords: core. |
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| Manuscript Received : Nov 07 2007 | | Manuscript Accepted : Nov 07 2007 |
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