Multidimensional matching ∗

نویسندگان

  • Pierre-André Chiappori
  • Robert McCann
  • Brendan Pass
چکیده

We present general mathematical methods used in the study of multidimensional matching problems with transferable utility, paying particular attention to the case in which the dimensions of heterogeneity on the two sides of the market are unequal. We then describe an approach to solve a new subclass of these problems: problems where agents on one side of the market are multidimensional and agents on the other side are uni-dimensional. Lastly, we analyze several examples, including an hedonic model with differentiated products, a marriage market model where wives are differentiated in income and fertility, and a competitive variation of the Rochet-Choné problem. In the latter example, we show that the bunching phenomena, observed by Rochet and Choné in the monopoly context, do not occur in the competitive context.

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تاریخ انتشار 2015