Cupid ’ s Invisible Hand : Social Surplus and Identification in Matching Models

@inproceedings{Galichon2011CupidS,
  title={Cupid ’ s Invisible Hand : Social Surplus and Identification in Matching Models},
  author={Alfred Galichon and Bernard Salani{\'e}},
  year={2011}
}
We investigate a model of one-to-one matching with transferable utility when some of the characteristics of the players are unobservable to the analyst. We allow for a wide class of distributions of unobserved heterogeneity, subject only to a separability assumption that generalizes Choo and Siow (2006). We first show that the stable matching maximizes a social gain function that trades o↵ exploiting complementarities in observable characteristic sand matching on unobserved characteristics. We… CONTINUE READING
Highly Cited
This paper has 46 citations. REVIEW CITATIONS
36 Citations
40 References
Similar Papers

References

Publications referenced by this paper.
Showing 1-10 of 40 references

The Assignment Game I: The Core,

  • L. Shapley, M. Shubik
  • International Journal of Game Theory,
  • 1972
Highly Influential
4 Excerpts

Errata in ‘Econometric Methods for the Analysis of Assignment Problems in the Presence of Complementarity and Social Spillovers

  • B. Graham
  • 2013
1 Excerpt

Measuring the E ciency of an FCC Spectrum Auction,

  • P. Bajari, J. Fox
  • American Economic Journal: Microeconomics,
  • 2013
1 Excerpt

Assortative Matching and Search with Labor Supply and Home Production,

  • N. Jacquemet, J.-M
  • 2012

Similar Papers

Loading similar papers…