Becker meets Ricardo. Multisector matching with social and cognitive skills.

Autor/inn/en	McCann, Robert J.; Shi, Xianwen; Siow, Aloysius; Wolthoff, Ronald
Titel	Becker meets Ricardo. Multisector matching with social and cognitive skills.
Quelle	Bonn: IZA (2012), 46 S., 576,79 KB PDF als Volltext kostenfreie Datei (1); PDF als Volltext kostenfreie Datei (2) Link als defekt meldenVerfügbarkeit
Reihe	Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit. 6533
Beigaben	grafische Darstellungen
Sprache	englisch
Dokumenttyp	online; Monographie; Graue Literatur
Schlagwörter	Kognition; Ehe; Schule; Soziale Kompetenz; Arbeitsgruppe; Mathematische Optimierung; Arbeitspapier; Theorie
Abstract	This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when individuals have heterogeneous social and cognitive skills. In the model, there are gains to specialization and team production, but specialization requires communication and coordination between team members, and individuals with more social skills communicate and coordinate at lower resource cost. The theory delivers full task specialization in the labor and education markets, but incomplete specialization in marriage. It also captures well-known matching patterns in each of these sectors, including the commonly observed many-to-one matches in firms and schools. Equilibrium is equivalent to the solution of a utilitarian social planner solving a linear programming problem.
Erfasst von	ZBW - Leibniz-Informationszentrum Wirtschaft, Kiel
Update	2012/4