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The twenty-fifth anniversary of the publication of Gary Becker's path-breaking Treatise on the Family provides an … occasion to reexamine both the American family and family economics. We begin by discussing how families have changed in recent … been family functions and home production by government programs and market transactions. After discussing recent work in …
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In contrast, the standard model of marriage market equilibrium assumes that prospective spouses make Binding Agreements in the Marriage Market (BAMM) that determine allocation within marriage. If we assume BAMM and transferable utility, then the appropriate framework for analyzing marriage...
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This paper investigates marriage market equilibrium under the assumption that Bargaining In Marriage (BIM) determines allocation within marriage. Prospective spouses, when they meet in the marriage market, are assumed to foresee the outcome of BIM and rank prospective spouses on the basis of the...
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The twenty-fifth anniversary of the publication of Gary Becker's path-breaking "Treatise on the Family" provides an … occasion to reexamine both the American family and family economics. We begin by discussing how families have changed in recent … been family functions and home production by government programs and market transactions. After discussing recent work in …
Persistent link: https://www.econbiz.de/10012465748
; provides an occasion to reexamine both the American family and family economics. We begin by discussing how families have … replacement of what had been family functions and home production by government programs and market transactions. After discussing … recent work in family economics that attempts to explain these changes, we point out some challenging areas for further …
Persistent link: https://www.econbiz.de/10012777648