Matching with contracts: an efficient marriage market?

Working paper

This paper studies a marriage market with two-sided information asymmetry in whichthe gains from marriage are stochastic. Contracts specify divisions of ex-post realizedmarital surplus. I first study a game in which one side of the matching market offerscontracts. I show that when expected marital surplus is strictly monotonic in agents

Authors: Zeng, C

• Publication status: Published
• Publisher: University of Oxford
• Series: Department of Economics Discussion Paper Series
• Publication date: 2012-11-26
• Paper number: 630
• Keywords: stochastic marital surplus; matching; endogenous sharing rule; marriage market; two-sided information asymmetry