Preprint
Oct 2026
Search and Matching without Reciprocity
We study equilibrium sorting in the canonical search-and-matching model with Nash bargaining and ex-ante and ex-post heterogeneity. Under standard conditions for assortative matching under search, match surplus retains two properties of Becker's frictionless benchmark---single-crossing and single-peakedness---but neces...
Nicolas Bonneton, Christopher Sandmann
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