On Human Capital and Team Stability - Sciences Po Access content directly
Journal Articles Journal of Human Capital Year : 2019

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 stable matching can be implemented with minimal policy intervention. Our results shed light on the stability of partnerships in the labor market. Moreover, they imply that the tools crafted in empirical studies of the marriage problem can easily be adapted to many roommate problems.
Fichier principal
Vignette du fichier
2019_chiappori_galichon_salanie_on_human_capital_and_team_stability.pdf (242.81 Ko) Télécharger le fichier
Origin : Files produced by the author(s)

Dates and versions

hal-03898494 , version 1 (14-12-2022)


Attribution - NonCommercial - NoDerivatives



Pierre-André Chiappori, Alfred Galichon, Bernard Salanié. On Human Capital and Team Stability. Journal of Human Capital, 2019, 13 (2), pp.236-259. ⟨10.1086/702925⟩. ⟨hal-03898494⟩
16 View
17 Download



Gmail Facebook X LinkedIn More