Many real-life applications of house allocation problems are dynamic. For example, each year college freshmen move in and seniors move
out of on-campus housing. Each student stays on campus for only a few years. A student is a "newcomer" in the beginning and then
becomes an "existing tenant". Motivated by this observation, we introduce a model of house allocation with overlapping generations.
In terms of a dynamic rule without monetary transfers, we examine two static rules of serial dictatorship and top trading cycles. We
support these seniority-based rules in terms of their dynamic Pareto efficiency and incentive compatibility
"House Allocation with Overlapping Generations."
American Economic Journal: Microeconomics,
Household Production and Intrahousehold Allocation
Allocative Efficiency; Cost-Benefit Analysis
Asymmetric and Private Information; Mechanism Design