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A note on estimation of two-sided matching models

Author

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  • Uetake, Kosuke
  • Watanabe, Yasutora

Abstract

We propose an estimation strategy for two-sided matching models with non-transferable utility based on the characterization using pre-matching that exploits a fixed-point characterization of the set of stable matchings.

Suggested Citation

  • Uetake, Kosuke & Watanabe, Yasutora, 2012. "A note on estimation of two-sided matching models," Economics Letters, Elsevier, vol. 116(3), pages 535-537.
    • Handle: RePEc:eee:ecolet:v:116:y:2012:i:3:p:535-537
    DOI: 10.1016/j.econlet.2012.03.012
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    References listed on IDEAS

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    1. , & ,, 2006. "A theory of stability in many-to-many matching markets," Theoretical Economics, Econometric Society, vol. 1(2), pages 233-273, June.
    2. Adachi, Hiroyuki, 2000. "On a characterization of stable matchings," Economics Letters, Elsevier, vol. 68(1), pages 43-49, July.
    3. John William Hatfield & Paul R. Milgrom, 2005. "Matching with Contracts," American Economic Review, American Economic Association, vol. 95(4), pages 913-935, September.
    4. Michael Ostrovsky, 2008. "Stability in Supply Chain Networks," American Economic Review, American Economic Association, vol. 98(3), pages 897-923, June.
    5. Eugene Choo & Aloysius Siow, 2006. "Who Marries Whom and Why," Journal of Political Economy, University of Chicago Press, vol. 114(1), pages 175-201, February.
    6. Jeremy T. Fox, 2010. "Identification in matching games," Quantitative Economics, Econometric Society, vol. 1(2), pages 203-254, November.
    7. Morten Sørensen, 2007. "How Smart Is Smart Money? A Two‐Sided Matching Model of Venture Capital," Journal of Finance, American Finance Association, vol. 62(6), pages 2725-2762, December.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Miyauchi, Yuhei, 2016. "Structural estimation of pairwise stable networks with nonnegative externality," Journal of Econometrics, Elsevier, vol. 195(2), pages 224-235.
    2. Mei, Jie & Chen, Chen & Wang, Jianhui & Kirtley, James L., 2019. "Coalitional game theory based local power exchange algorithm for networked microgrids," Applied Energy, Elsevier, vol. 239(C), pages 133-141.

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    More about this item

    Keywords

    Two-sided matching; Marriage market; Maximum likelihood;
    All these keywords.

    JEL classification:

    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure

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