Chiappori, Pierre-André; Iyigun, Murat; Weiss, Yoram - Becker Friedman Institute for Research in Economics, … - 2008
We develop a two-sided matching model with positive sorting, divorce and remarriage. Match quality for each couple is revealed ex post and those with poor draws divorce. Competition determines lifetime expected utilities but per-period utilities depend on the laws that govern the distribution of...
