| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP12455 |
| DP12455 Costly Concessions: An Empirical Framework for Matching with Imperfectly Transferable Utility | |
| Alfred Galichon | |
| 发表日期 | 2017-11-22 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | We introduce an empirical framework for models of matching with imperfectly transferable utility and unobserved heterogeneity in tastes. Our framework allows us to characterize matching equilibrium in a flexible way that includes as special cases the classical fully- and non-transferable utility models, collective models, and settings with taxes on transfers, deadweight losses, or risk aversion. We allow for the introduction of a general class of additive unobserved heterogeneity on agents' preferences. We show existence and uniqueness of an equilibrium under minimal assumptions. We then provide two algorithms to compute the equilibrium in our model. The first algorithm operates under any structure of heterogeneity in preferences; the second is more efficient, but applies only in the case in which random utilities are logit. We show that the log-likelihood of the model has a simple expression and we compute its derivatives. As an empirical illustration, we build a model of marriage with preferences over the partner type and private consumption, which we estimate on a British dataset. |
| 主题 | Industrial Organization |
| 关键词 | Sorting Matching Marriage market Intrahousehold allocation Imperfectly transferable utility |
| URL | https://cepr.org/publications/dp12455 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/541266 |
| 推荐引用方式 GB/T 7714 | Alfred Galichon. DP12455 Costly Concessions: An Empirical Framework for Matching with Imperfectly Transferable Utility. 2017. |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Alfred Galichon]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Alfred Galichon]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Alfred Galichon]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
