Material vs. spiritual--A novel economics perspective on marriage and divorce
By dividing household-produced commodities into material and spiritual goods, and incorporating Maslow's psychological theory of motivation into this economic framework, I explore why individuals with different preferences choose different mates, and how the drive to enter marriage has changed as society becomes more developed. I then study the optimal effort for individuals to devote to marriage. I argue that divorce is mainly caused by the reduction of effort that couples devote to marriage, which might be a rational decision in response to changes in preferences, household productivity, and the opportunity cost of effort.
Year of publication: |
2008
|
---|---|
Authors: | Liu, Xuemei |
Published in: |
Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics). - Elsevier, ISSN 2214-8043. - Vol. 37.2008, 6, p. 2330-2339
|
Publisher: |
Elsevier |
Keywords: | Spiritual goods Material goods Effort Marriage Divorce |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Valuing Tradable CO2 Permits for OECD Countries
Karp, Larry, (1999)
-
The influence of leader empowerment behaviour on employee creativity
Liu, Xuemei, (2020)
-
Material vs. spiritual : a novel economics perspective on marriage and divorce
Liu, Xuemei, (2008)
- More ...