Chiappori, Pierre-André; Iyigun, Murat; Weiss, Yoram - Becker Friedman Institute for Research in Economics, … - 2008
We develop a two-sided matching model with positive sorting, divorce and remarriage. Match quality for each couple is … revealed ex post and those with poor draws divorce. Competition determines lifetime expected utilities but per-period utilities … depend on the laws that govern the distribution of assets upon divorce. We discuss separately cases in which remarriage is or …