Building on Ma (1994) and Fujinaka and Wakayama (2018), this paper characterizes the top trading cycles rule in housing markets without the help of strategy-proofness, by the following two groups of axioms: individual rationality, Pareto efficiency, rank monotonicity; individual rationality, endowments-swapping-proofness, rank monotonicity.

中文翻译：

---

住房市场中顶级交易周期规则的替代特征

本文基于Ma（1994）和Fujinaka和Wakayama（2018）的研究，通过以下两类公理来描述住房市场中顶级交易周期规则，而无需借助策略证明性：个人理性，帕累托效率，等级单调性; 个人理性，end赋交换性，等级单调性。