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decisions of partnered couples. We consider two separate matching paradigms for agents with heterogeneous abilities - one where … generates greater investment eficiency, romantic matching generates greater allocative efficiency, since more high ability … educational investments and labor force participation based on matching regimes. …
Persistent link: https://www.econbiz.de/10010851358
There are two general ways in which the role of fiat money has been introduced in the standard monetary search-theoretical model. The first is to bring in the model a fiat object with different intrinsic properties. The second is to introduce a centralized institution that favors the use of fiat...
Persistent link: https://www.econbiz.de/10010851435
relationship between marriage and health for working-age (20 to 64) individuals. In both data sets married agents are healthier … observables, a gap of about 12 percentage points in self-reported health persists for ages 55-59. We estimate the marriage health …, potentially correlated with timing and likelihood of marriage, we find that the effect of marriage on health disappears at younger …
Persistent link: https://www.econbiz.de/10010950613
We correct an omission in the definition of our domain of weakly responsive preferences introduced in Klaus and Klijn (2005) or KK05 for short. The proof of the existence of stable matchings (KK05, Theorem 3.3) and a maximal domain result (KK05, Theorem 3.5) are adjusted accordingly.
Persistent link: https://www.econbiz.de/10010851319
We prove a “General Manipulability Theorem” for general one-to-one two-sided matching markets with money. This theorem …
Persistent link: https://www.econbiz.de/10010851337
We show that the full version of the so-called "rural hospital theorem" generalizes to many-to-many matching problems …
Persistent link: https://www.econbiz.de/10010851401
We give a simple and concise proof that so-called generalized median stable matchings are well-defined for college admissions problems. Furthermore, we discuss the fairness properties of median stable matchings and conclude with two illustrative examples of college admissions markets, the...
Persistent link: https://www.econbiz.de/10010851408
We observe that three salient solutions to matching, division and house allocation problems are not only (partially …
Persistent link: https://www.econbiz.de/10010851415
A multiple-partners assignment game with heterogeneous sells and multi-unit demands consists of a set of sellers that own a given number of indivisible units of (potentially many different) goods and a set of buyers who value those units and want to buy at most an exogenously fixed number of...
Persistent link: https://www.econbiz.de/10010851453
We develop a two-sided matching model to analyze collaboration between heterogeneous academics and firms. We predict a … positive assortative matching in terms of both scientific ability and affinity for type of research, but negative assortative in …
Persistent link: https://www.econbiz.de/10011019699