Francesconi, Marco; Muthoo, Abhinay - Institute for the Study of Labor (IZA) - 2003
This paper develops a model of child custody based on an incomplete-contract approach to the allocation of property … allocated custody in case they divorce. We show that: (i) the optimal allocation of custodial rights depends on both preferences … important than the other parent’s investment, then sole custody is preferred to joint custody and it should be allocated to the …