Old Money, the Nouveau Riche and Brunhilde's Marriage Dilemma

This paper proposes a screening approach to explain why dating is associated with purchasing status products and conspicuous gift giving. A potential bride searching for a husband may seek to screen candidates whose income is only partially observable. Taking into account that she also bears part of the screening costs, she can sort candidates by offering a menu of contracts that triggers but also constrains conspicuous consumption.

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Year of publication:	2014
Authors:	Bronsert, Anne-Kathrin ; Glazer, Amihai ; Konrad, Kai A.
Publisher:	Kiel und Hamburg : ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft

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Series:	Beiträge zur Jahrestagung des Vereins für Socialpolitik 2014: Evidenzbasierte Wirtschaftspolitik - Session: Marriage and Children ; B02-V3
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Conference Paper
Language:	English
Other identifiers:	819038490 [GVK] hdl:10419/100385 [Handle] RePEc:zbw:vfsc14:100385 [RePEc]
Classification:	J12 - Marriage; Marital Dissolution; Family Structure ; D82 - Asymmetric and Private Information ; D83 - Search, Learning, Information and Knowledge
Source:	EconStor

Persistent link: https://www.econbiz.de/10010396864