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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...
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A woman assessing the wealth of a potential husband may observe some, but not all, of his wealth. She may screen, leading to status consumption and wasteful gift giving. The screening activity is costly not only for the potential husband, but also for the woman, as it reduces the wealth of the...
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We suggest a family bargaining model where human capital investment decisions are made non-cooperatively in a first …
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We study a setting with search frictions in the marriage market and with incomplete contracting inside the family … the high-income earner may dislike the implicit income redistribution implied by the marriage. Redistributive income … each other can substitute for redistribution, so that optimal redistribution is reduced. We also introduce a divorce option …
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