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We show that the class of preferences satisfying the Gross Substitutes condition of Kelso and Crawford (1982) is strictly larger than the class of Endowed Assignment Valuations of Hatfield and Milgrom (2005), thus resolving the open question posed by the latter paper. In particular, our result...
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well-being and separation. We first estimate the marital surplus using a simple matching model of the marriage market with … estimates of the marital surplus are negatively correlated with separation and the difference in spouses' subjective satisfaction. …
Persistent link: https://www.econbiz.de/10011952482
well-being and separation. We first estimate the marital surplus using a simple matching model of the marriage market with … estimates of the marital surplus are negatively correlated with separation and the difference in spouses' subjective …
Persistent link: https://www.econbiz.de/10011913168
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