作者：Anderson, Axel
作者单位：Georgetown University
摘要：Kremer and Maskin (1996, NBER Working Paper) explore matching when production involves defined roles. Despite underlying Cobb-Douglas production functions, the induced maximum production function is not supermodular (SPM), and positive sorting does not arise. This article introduces and solves a general class of role-assignment matching models with general SPM production functions. The unique equilibrium entails a novel blend of positive sorting in the large, and locally negative sorting that ...
作者：Ioannides, Yannis M.
作者单位：Tufts University
摘要：The article examines the joint evolution of human capital investment and social networking where the network may be endogenous or exogenous. It extends Cabrales et al. (Games and Economic Behavior 72 (2011), 339-60) to dynamic settings to allow for intergenerational transfers of human capital and social networking endowments as joint decisions. Social multipliers characterize the social equilibria. The associated intergenerational transfer elasticities exhibit rich dependence on social effects...
