Two-Sided Search, Marriages, and Matchmakers

This article analyzes the provision of matching services in a model of two-sided search. Agents belong to two heterogeneous populations and are distributed on [0, 1]. Their utility is equal to the index of their mate. In a search equilibrium agents form subintervals and are only matched to agents in...

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Veröffentlicht in:International economic review (Philadelphia) 2000-02, Vol.41 (1), p.93-116
Hauptverfasser: Bloch, Francis, Ryder, Harl
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description This article analyzes the provision of matching services in a model of two-sided search. Agents belong to two heterogeneous populations and are distributed on [0, 1]. Their utility is equal to the index of their mate. In a search equilibrium agents form subintervals and are only matched to agents inside their class. Marriage brokers match agents according to a centralized procedure. If the matchmaker charges a uniform participation fee, only agents of higher quality participate in the centralized procedure. If the matchmaker charges a commission on the matching surplus, only agents of lower quality go to the intermediary.
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source Business Source Complete; Periodicals Index Online; JSTOR Archive Collection A-Z Listing; Wiley Online Library All Journals
subjects Brokerages
Economic behaviour
Economic models
Economic theory
Equilibrium
Fees
Housing market
Intelligent agents
Job search firms
Market mechanisms
Market potential
Market prices
Marriage
Men
Modeling
Partners
Social economics
Studies
Trade intermediaries
Utility models
title Two-Sided Search, Marriages, and Matchmakers
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