Assortative Matching in a Non-transferable World
AbstractProgress in the application of matching models to environments in which the utility between matching partners is not fully transferable has been hindered by a lack of characterization results analogous to those that are known for transferable utility. We present sufficient conditions for matching to be monotone that are simple to express and easy to verify. We illustrate their application with some examples that are of independent interest.
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Bibliographic InfoPaper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 3469.
Date of creation: Jul 2002
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Other versions of this item:
- Legros, P & Newman, A, 2002. "Assortative matching in a non-transferable world," Open Access publications from University College London http://discovery.ucl.ac.u, University College London.
- D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
- I22 - Health, Education, and Welfare - - Education - - - Educational Finance
- J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts
This paper has been announced in the following NEP Reports:
- NEP-ALL-2003-03-14 (All new papers)
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