On human capital and team stability

In many economic contexts, agents from the same population team up to better exploit their human capital. In such contexts (often called “roommate matching problems”), stable matchings may fail to exist even when utility is transferable. We show that when each individual has a close substitute, a st...

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Bibliographic Details
Main Authors: Chiappori, P.-A (Author), Galichon, A. (Author), Salanié, B. (Author)
Format: Article
Language:English
Published: University of Chicago Press 2019
Online Access:View Fulltext in Publisher