caa a22 4500 605475865 CHVBK 20210128100353.0 cr unu---uuuuu 210128e20150801xx s 000 0 eng 10.1007/s00199-015-0859-x doi (NATIONALLICENCE)springer-10.1007/s00199-015-0859-x Household formation and markets [Elektronische Daten] [Hans Gersbach, Hans Haller, Hideo Konishi] We explore whether stable matchings and trade in commodities can coexist. For this purpose, we consider competitive markets for multiple commodities with endogenous formation of one- or two-person households. Within each two-person household, individuals obtain utility from his/her own private consumption, from discrete actions such as job choice, from the partner's observable characteristics such as appearance and hobbies, from some of the partner's consumption vectors, and from the partner's action choices. We investigate competitive market outcomes with an endogenous household structure in which no individual and no man/woman pair can deviate profitably. We find a set of sufficient conditions under which a stable matching equilibrium exists. We further establish the first welfare theorem for this economy. Springer-Verlag Berlin Heidelberg, 2015 Endogenous household formation nationallicence Consumption externalities nationallicence Stable matching equilibrium nationallicence Efficiency nationallicence Gersbach Hans CER-ETH - Center of Economic Research at ETH Zurich, Zürichbergstrasse 18, 8092, Zurich, Switzerland aut Haller Hans Department of Economics, Virginia Polytechnic Institute and State University, 24061-0316, Blacksburg, VA, USA aut Konishi Hideo Department of Economics, Boston College, 140 Commonwealth Avenue, 02467-3806, Chestnut Hill, MA, USA aut Economic Theory Springer Berlin Heidelberg 59/3(2015-08-01), 461-507 0938-2259 59:3<461 2015 59 199 https://doi.org/10.1007/s00199-015-0859-x text/html Onlinezugriff via DOI BK010053 XK010053 XK010000 Metadata rights reserved Springer special CC-BY-NC licence nationallicence 1 research-article jats NATIONALLICENCE NATIONALLICENCE NL-springer NATIONALLICENCE 856 40 https://doi.org/10.1007/s00199-015-0859-x text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Gersbach Hans CER-ETH - Center of Economic Research at ETH Zurich, Zürichbergstrasse 18, 8092, Zurich, Switzerland aut NATIONALLICENCE 700 1- Haller Hans Department of Economics, Virginia Polytechnic Institute and State University, 24061-0316, Blacksburg, VA, USA aut NATIONALLICENCE 700 1- Konishi Hideo Department of Economics, Boston College, 140 Commonwealth Avenue, 02467-3806, Chestnut Hill, MA, USA aut NATIONALLICENCE 773 0- Economic Theory Springer Berlin Heidelberg 59/3(2015-08-01), 461-507 0938-2259 59:3<461 2015 59 199