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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 …
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Altruism among family members can, in some cases, inhibit cooperation by increasing the utility that players expect to receive in a non-cooperative equilibrium. To test this, we examine agricultural productivity in polygynous households in West Africa. We find that cooperation is greater -...
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Can households make efficient choices? The fact that cohabitation and marriage are partnerships for joint production … household choices are made efficiently or not, there does not yet exist an attempt to identify the marriage market and household … or spousal endowment inequality is relatively high. Still, when there are equal numbers of men and women in the 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 … marriage market is the first stage of a multi-stage game – in the simplest case, a two-stage game – that must be solved by …
Persistent link: https://www.econbiz.de/10012944146
Can households make efficient choices? The fact that cohabitation and marriage are partnerships for joint production … household choices are made efficiently or not, there does not yet exist an attempt to identify the marriage market and household … or spousal endowment inequality is relatively high. Still, when there are equal numbers of men and women in the marriage …
Persistent link: https://www.econbiz.de/10013318265