We study a matching model with heterogeneous agents, nontransferable utility and search frictions. Agents differ along … specifications can be treated as a case of horizontal heterogeneity only. -- Matching ; Horizontal Differentiation ; Marriage Markets …

In this paper, we use a two-period one-to-one matching model with incomplete information to examine the effect of … whether to stay married or to unilaterally divorce. We show that, for any society, there exist matching environments where the … probability of the marital dissolution does not reduce divorce costs under gender-optimal matching rules. In such environments, an …

We extend the search-matching model of the marriage market of Shimer and Smith (2000) to allow for labor supply and … estimated matching probabilities that can be derived from the steady-state flow conditions are strongly increasing in male and …

assortative matching. In the additive model where individuals are ranked by their idiosyncratic risks in the Rothschild …

We analyze the effects of taxation in two-sided matching markets where agents have heterogeneous preferences over … potential partners. Our model provides a continuous link between models of matching with and without transfers. Taxes generate …

make investments before matching in a competitive market. We introduce the notion of premune-ation values—the values to the …

We develop a theory of stability in many-to-many matching markets. We give conditions under which the setwise …