Beauty is a Beast, Frog is a Prince: Assortative Matching with Nontransferabilities

Patrick Legros and Andrew Newman

No dp-149, Boston University - Department of Economics - The Institute for Economic Development Working Papers Series from Boston University - Department of Economics

Abstract: We present sufficient conditions for monotone matching in environments where utility is not fully transferable between partners. These conditions involve complementarity in types not only of the total payoff to a match, as in the transferable utility case, but also in the degree of transferability between partners. We apply our conditions to study some models of risk sharing and incentive problems, deriving new results for predicted matching patterns in those contexts

Keywords: Assortative matching; nontransferable utility; risk sharing; interhousehold allocation. (search for similar items in EconPapers)
JEL-codes: C78 D13 J41 (search for similar items in EconPapers)
Pages: 40 pages
Date: 2002-05, Revised 2004-11
New Economics Papers: this item is included in nep-upt
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (44)

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Related works:
Journal Article: Beauty Is a Beast, Frog Is a Prince: Assortative Matching with Nontransferabilities (2007)
Working Paper: Beauty is a Beast, Frog is a Prince: Assortative Matching with Nontransferabilities (2003)
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