Lundberg, Shelly; Pollak, Robert - In: Review of Economics of the Household 1 (2003) 3, pp. 153-167
Economists usually assume that bargaining in marriage leads to efficient outcomes. The most convincing rationale for … environments, and that marriage provides such an environment. This paper argues that when a current decision affects future … binding commitments regarding allocation within marriage. To investigate the efficiency of bargaining within marriage when …