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This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when … communicate and coordinate at lower resource cost. The theory delivers full task specialization in the labor and education markets … ; education ; labor ; marriage ; social welfare ; linear programming …
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arranged marriage. First, we show that this individual never opts out of a voluntarily agreed upon marriage. Second, we … demonstrate that our marrying individual uses a reservation utility to determine which marriage proposal to accept. Third, we … marriage market in which there are many identical marrying individuals and profit maximizing matchmaking firms. We show that …
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