Costly Concessions: An Empirical Framework for Matching with Imperfectly Transferable Utility
提出了一个匹配模型的实证框架,允许效用不完全可转移且存在未观测到的偏好异质性,涵盖完全可转移、不可转移效用等经典模型,并刻画了均衡、识别条件及比较静态分析。
Abstract. 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.