Abstract
In this paper a new approach is developed to the analysis of stratified housing and employment systems which exhibit interdependencies between movers in the allocation process. Vacancy chain models, derived within a mathematical programming framework, are presented and their properties are compared both conceptually and numerically with standard models. The advantages of the new approach are illustrated in cases which require constraints to characterise the demand for or supply of stock.
Get full access to this article
View all access options for this article.
