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Bidimensional Matching with Heterogeneous Preferences: Smoking in the Marriage Market

Quintana-Domeque, C, Chiappori, P-A and Oreffice, S (2014) Bidimensional Matching with Heterogeneous Preferences: Smoking in the Marriage Market .

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Abstract

We develop a bidimensional matching model under transferable utility, where individuals are characterized by a continuous trait (e.g., socioeconomic status) and a binary attribute (e.g., smoking status).  The model is "truly multidimensional", in the sense that the impact of the traits cannot be summarized by a one-dimensional index.  We present a general resolution strategy based on optimal control theory, and characterize the stable matching.  We derive testable predictions about equilibrium matching patterns.  Using US data, we find that the observed marital sorting of smokers and non-smokers by education is consistent with our model.

Item Type: Other
Authors :
NameEmailORCID
Quintana-Domeque, CUNSPECIFIEDUNSPECIFIED
Chiappori, P-AUNSPECIFIEDUNSPECIFIED
Oreffice, Ss.oreffice@surrey.ac.ukUNSPECIFIED
Date : 29 January 2014
Uncontrolled Keywords : D1, J1, Marriage market, multidimensional matching, continuous and discrete characteristics, heterogeneous preferences
Depositing User : Symplectic Elements
Date Deposited : 16 May 2017 15:33
Last Modified : 17 May 2017 14:36
URI: http://epubs.surrey.ac.uk/id/eprint/820460

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