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Bidimensional matching with heterogeneous preferences: education and smoking in the marriage market

Abstract:

We develop a frictionless matching model under transferable utility where individuals are characterized by a continuous trait and a binary attribute. The model incorporates attributes for which there are heterogeneous preferences in the population regarding their desirability, that is, the impact of the traits cannot be summarized by a one-dimensional attractiveness index. We present a general resolution strategy based on optimal control theory, and characterize the stable matching. We then c...

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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1093/jeea/jvx012

Authors


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Institution:
University of Oxford
Division:
SSD
Department:
Economics
Sub department:
CSAE
Role:
Author
More from this funder
Funding agency for:
Quintana Domeque, C
Grant:
2011-29751
Publisher:
Oxford University Press Publisher's website
Journal:
Journal of the European Economic Association Journal website
Volume:
16
Issue:
1
Pages:
161–198
Publication date:
2017-05-16
Acceptance date:
2016-09-04
DOI:
EISSN:
1542-4774
ISSN:
1542-4766
Source identifiers:
647911
Keywords:
Pubs id:
pubs:647911
UUID:
uuid:bc88ac21-7420-454c-a31a-d71f8c2c1b30
Local pid:
pubs:647911
Deposit date:
2016-10-04

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