Estimating matching games with transfers

• 成果类型: Article
• 署名作者: Fox, Jeremy T.
• 署名单位: Rice University; National Bureau of Economic Research
• 刊物名称: QUANTITATIVE ECONOMICS
• ISSN/ISSBN: 1759-7323
• DOI: 10.3982/QE823
• 发表日期: 2018
• 页码: 1-38
• 关键词: Matching; trading networks; relationship formation; semiparametric estimation; maximum score

摘要

I explore the estimation of transferable utility matching games, encompassing many-to-many matching, marriage, and matching with trading networks (trades). Computational issues are paramount. I introduce a matching maximum score estimator that does not suffer from a computational curse of dimensionality in the number of agents in a matching market. I apply the estimator to data on the car parts supplied by automotive suppliers to estimate the valuations from different portfolios of parts to suppliers and automotive assemblers.