An Empirical Framework for Matching with Imperfectly Transferable Utility
Author(s) -
Alfred Galichon,
Scott Duke Kominers,
Simon Weber
Publication year - 2014
Publication title -
ssrn electronic journal
Language(s) - English
Resource type - Journals
ISSN - 1556-5068
DOI - 10.2139/ssrn.2535394
Subject(s) - transferable utility , matching (statistics) , uniqueness , mixed logit , class (philosophy) , logit , mathematical economics , simple (philosophy) , econometrics , discrete choice , economics , computer science , mathematical optimization , mathematics , game theory , logistic regression , statistics , mathematical analysis , philosophy , epistemology , machine learning , artificial intelligence
We introduce an empirical framework for models of matching with imperfectly transferable utility and unobserved heterogeneity in tastes. Our framework includes as special cases the classic fully- and non-transferable utility models, collective models, and settings with taxes on transfers, deadweight losses, and risk aversion. We characterize equilibrium and conditions for identification, and derive comparative statics.
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