Beauty Is a Beast, Frog Is a Prince: Assortative Matching with Nontransferabilities
提出在效用不可完全转移的环境中实现单调匹配的充分条件,这些条件不仅涉及匹配总收益的互补性,还涉及伙伴间可转移程度的互补性,并应用于风险分担和激励问题模型。
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.