-level data, and show that the necessary condition for separation is met and that there is strong separation and sorting on …

the multiplicity of the equilibria and the instability of behaviour when the externalities are strong. The equilibrium …

resources expended on sorting only serve to reallocate high quality goods to consumers who sort intensively and low quality … do not sort, sellers may be forced to lower prices. Why then do sellers allow sorting when they might prevent it? This … paper presents a demand model where sellers choose whether to allow sorting. Sellers may allow consumer sorting when it …

We present direct evidence of the importance of matching in wage determination. It is based on an empirical …

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 coordination between team members, and individuals with more social skills …

This paper examine a class of two-sided matching problems with non-transferable utility. Agents are horizontally … imply a unique stable matching, the degree of assortment in equilibrium is found to depend critically on the distribution of … negative assortment. Constraints on who can match with whom may improve welfare and we interpret this as a theory of social …

This paper examines a class of two-sided matching problems with non-transferable utility. Agents are horizontally … equilibrium assignment describing the pattern of matching; however, the pattern of assortment in equilibrium is found to depend …