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date: 06 December 2021

Abstract and Keywords

This article examines matching processes, specifically two-sided matching contexts such as marriage and job markets, using an agent-based simulation approach. It begins with a conceptual discussion of matching processes, focusing on four key analytic features that define a matching process: the preferences actors have over characteristics (of alters or of pairings); the distribution of (relevant) characteristics in the population; the information structure that allows actors to know about potential matches and alternatives; and the operative rules or norms about matching. The article then considers formal models that describe matching processes before introducing an agent-based simulation model designed to shed light on labor-market segregation. This model takes into account the link between social networks and the dynamics of matching.

Keywords: matching, marriage, job market, preferences, information structure, norms, agent-based simulation model, labor-market segregation, social networks

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