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We study in the laboratory, a variant of the house allocation with existing tenants problem where agents are partitioned into tiers with different privileges. Members of higher tiers receive their allocation before those in lower tiers and can also take the endowment of a member of a lower tier...
Persistent link: https://www.econbiz.de/10008854498
a marriage match, for instance, may depend both on the incomes and on the educations of the partners, as well as on … characteristics that the analyst does not observe. The social optimum must therefore trade off matching on incomes and matching on … set of feasible matchings and of the socially optimal matching. Then we show how data on the covariation of the types of …
Persistent link: https://www.econbiz.de/10008530351
We study the incentives of parents to invest in their children when these investments improve their marriage prospects …, in a frictionless marriage market with non-transferable utility. Stochastic returns to investment eliminate the …
Persistent link: https://www.econbiz.de/10009246608
finding, we describe a model of multi-trait matching and inheritance, in which individuals’ attractiveness in the marriage … mobility can arise if market characteristics are relatively more important in determining marriage outcomes for men than for … market leads to an increase in homogamy in the marriage market, lowering social mobility for both genders. …
Persistent link: https://www.econbiz.de/10009320404
of a coarse matching scheme consisting of two classes of agents on each side, in terms of matching surplus (output), the …, our philosophy is that, if the worst-case scenario under coarse matching is not too bad relative to what is achievable by … more complex, finer schemes, a coarse matching scheme will turn out to be preferable once the various transaction costs …
Persistent link: https://www.econbiz.de/10005792482
This paper uses a new data set on domestic child adoption to document the preferences of potential adoptive parents over born and unborn babies relinquished for adoption by their birth mothers. We show that adoptive parents exhibit significant biases in favor of girls and against...
Persistent link: https://www.econbiz.de/10008468711
generated through bilateral matching of agents spanning a spectrum of types. Domestic matching is perfect – every trader knows … the type of all others and can approach any, but international matching is random – every trader lacks the information to … choose a partner’s type. Group ties, however, allow perfect matching abroad to a minority of individuals who have access to …
Persistent link: https://www.econbiz.de/10005123805
particular, this Paper shows that when matching is assortative and sellers’ investments precede market competition then …
Persistent link: https://www.econbiz.de/10005136606
This paper studies the aggregate economic effects of diversity policies such as affirmative action in college admission. If agents are constrained in the side payments they can make, the free market allocation displays excessive segregation relative to the first-best. Affirmative action policies...
Persistent link: https://www.econbiz.de/10011145471
This paper extends the bargaining and matching literature such as Rubinstein (1985) and Gale (1986 and 1987) by … considering a new matching process. We assume that a central information agency exists, such as job centres and newspapers in the …
Persistent link: https://www.econbiz.de/10005114149