File Download
There are no files associated with this item.
Links for fulltext
(May Require Subscription)
- Publisher Website: 10.1016/j.jebo.2019.05.023
- Scopus: eid_2-s2.0-85066445419
- WOS: WOS:000480667400003
- Find via
Supplementary
- Citations:
- Appears in Collections:
Article: Targeted Search with Horizontal Differentiation in the Marriage Market
Title | Targeted Search with Horizontal Differentiation in the Marriage Market |
---|---|
Authors | |
Keywords | Horizontal differentiation Marriage market Matching Targeted search |
Issue Date | 2019 |
Publisher | Elsevier BV. The Journal's web site is located at http://www.elsevier.com/locate/jebo |
Citation | Journal of Economic Behavior & Organization, 2019, v. 164, p. 31-62 How to Cite? |
Abstract | We develop a search/matching model in the marriage market with heterogeneous men (a continuum of types) and heterogeneous women (a finite number of types). The model has two distinguishing features. First, men and women are also horizontally differentiated. Second, the search is targeted: each type of woman constitutes a distinctive submarket, and men are able to choose beforehand in which submarkets to participate, but the search is random within each submarket. We show that there is always a unique equilibrium in which men are endogenously segmented into different submarkets, and that the equilibrium matching pattern is weakly positive assortative. We then explore how the equilibrium marriage pattern changes horizontally and vertically as some exogenous shocks occur. In particular, we show that an Internet-induced increase in search efficiency would make the marriage pattern overall more assortative, while an increase in the dispersion of the horizontal match fitness could make the marriage pattern overall less assortative. |
Persistent Identifier | http://hdl.handle.net/10722/276160 |
ISSN | 2023 Impact Factor: 2.3 2023 SCImago Journal Rankings: 1.326 |
ISI Accession Number ID |
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Xu, Y | - |
dc.contributor.author | Yang, H | - |
dc.date.accessioned | 2019-09-10T02:57:10Z | - |
dc.date.available | 2019-09-10T02:57:10Z | - |
dc.date.issued | 2019 | - |
dc.identifier.citation | Journal of Economic Behavior & Organization, 2019, v. 164, p. 31-62 | - |
dc.identifier.issn | 0167-2681 | - |
dc.identifier.uri | http://hdl.handle.net/10722/276160 | - |
dc.description.abstract | We develop a search/matching model in the marriage market with heterogeneous men (a continuum of types) and heterogeneous women (a finite number of types). The model has two distinguishing features. First, men and women are also horizontally differentiated. Second, the search is targeted: each type of woman constitutes a distinctive submarket, and men are able to choose beforehand in which submarkets to participate, but the search is random within each submarket. We show that there is always a unique equilibrium in which men are endogenously segmented into different submarkets, and that the equilibrium matching pattern is weakly positive assortative. We then explore how the equilibrium marriage pattern changes horizontally and vertically as some exogenous shocks occur. In particular, we show that an Internet-induced increase in search efficiency would make the marriage pattern overall more assortative, while an increase in the dispersion of the horizontal match fitness could make the marriage pattern overall less assortative. | - |
dc.language | eng | - |
dc.publisher | Elsevier BV. The Journal's web site is located at http://www.elsevier.com/locate/jebo | - |
dc.relation.ispartof | Journal of Economic Behavior & Organization | - |
dc.subject | Horizontal differentiation | - |
dc.subject | Marriage market | - |
dc.subject | Matching | - |
dc.subject | Targeted search | - |
dc.title | Targeted Search with Horizontal Differentiation in the Marriage Market | - |
dc.type | Article | - |
dc.identifier.email | Xu, Y: yujingxu@hku.hk | - |
dc.identifier.authority | Xu, Y=rp01947 | - |
dc.description.nature | link_to_subscribed_fulltext | - |
dc.identifier.doi | 10.1016/j.jebo.2019.05.023 | - |
dc.identifier.scopus | eid_2-s2.0-85066445419 | - |
dc.identifier.hkuros | 304752 | - |
dc.identifier.volume | 164 | - |
dc.identifier.spage | 31 | - |
dc.identifier.epage | 62 | - |
dc.identifier.isi | WOS:000480667400003 | - |
dc.publisher.place | Netherlands | - |
dc.identifier.issnl | 0167-2681 | - |