Showing 1 - 8 of 8
This paper considers marriage problems, roommate problems with nonempty core, and college admissions problems with responsive preferences. All stochastically stable matchings are shown to be contained in the set of matchings which are most robust to one-shot deviation.
Persistent link: https://www.econbiz.de/10011263593
This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when individuals have heterogeneous social and cognitive skills. In the model, there are gains to specialization and team production, but specialization requires communication and...
Persistent link: https://www.econbiz.de/10010556275
There is a positive and significant correlation of many traits, such as age, religion, socioeconomic status, and education, among spouses. Becker (1973) shows that positive assortative matching – which results in a perfect correlation of traits in spouses – is optimal if the traits...
Persistent link: https://www.econbiz.de/10005069541
This paper analyses a matching model of the marriage market with directed, on-the-job search. Everyone is born attractive but "matures" according to a Poisson process into unattractiveness. Marriages between equally attractive people are stable but mixed marriages are not. The implied patterns...
Persistent link: https://www.econbiz.de/10005069638
We develop a model of the household in which spousal incomes are determined by pre-marital investments, the marriage market is charaterized by assortative matching, and endogenously-determined sharing rules form the basis of intra-household allocations. By incorporating pre-marital investments...
Persistent link: https://www.econbiz.de/10005090931
Persistent link: https://www.econbiz.de/10005027244
This paper derives several simple matching algorithms for special cases of a continuous two sided matching model where agents have single peaked preferences and face no costs or restrictions to matching. These algorithms allow matches to be computed as an explicit function of the parameters of...
Persistent link: https://www.econbiz.de/10011107671
Abstract. This paper analyzes matching markets where agent types are n-vectors of characteristics--i.e. points in R^n --and agents prefer matches that are closer to them according to a distance metric on this set (horizontal preferences). First, given a few assumptions, I show that in the...
Persistent link: https://www.econbiz.de/10011110355