Abstract
In recent years, many low-income families have been suffering house allocation problem. The current welfare house allocation mechanism is of low effiency. Despite Chinese government has been working on improving the current mechanism to solve this proplem, there are still many people which try to cheat in the house allocation market. Most of the people could not even truly express their preference through the current mechanism. It is important to find a more suitable mechanism which can help low-income familes reallocate their welfare housing. This article tries to make anaysis about applying Top Trading Cycles and Chians mechansim (TTCC) in the house reallocation market. This mechanism can lead to a more efficient result. Besides, this article expalins why TTCC is better than the current mechanism by studing the feature of the result from TTCC. The results show that TTCC can be used to in house reallocation market with a strcit ranking among low-come familes and there requires a strcit background investigation organization as well.
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