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This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when …, but incomplete specialization in marriage. It also captures well-known matching patterns in each of these sectors …
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Empirical welfare analyses often impose stringent parametric assumptions on individuals' preferences and neglect unobserved preference heterogeneity. In this paper, we develop a framework to conduct individual and social welfare analysis for discrete choice that does not suffer from these...
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This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when …, but incomplete specialization in marriage. It also captures well-known matching patterns in each of these sectors … utilitarian social planner solving a linear programming problem. -- social skill ; cognitive skill ; matching ; sorting …
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