If income pooling indicates primary earners' willingness to trade part of their income with spouses who earn less and work more in household production, then among specialized couples income pooling will be positively associated with the price of commercial domestic services, substitutes for...

This paper describes Gary Becker's theoretical models of marriage. At the micro-level, these are all rational choice models. At the market level, Becker offers two major types of models: partial equilibrium models based on Price Theory as taught by Marshall and Friedman and optimal sorting...

A central component of his theory of marriage Becker's Demand and Supply (D&S) models of marriage are also among the most unique models he pioneered. Here I provide an overview of Becker's analysis of the effects of sex ratios - the ratio of men to women in marriage markets - on individual...

This paper reviews models of marriage, with special emphasis on how the sex ratio (the ratio of marriageable men to women) can help explain measurable outcomes such as marriage formation, intra-marriage distribution of consumption goods, savings, labor supply, leisure, type of relationship,...

Informal eldercare is often supplied by family members, more so in Asia than in the West. Children and their parents as well as members of adjacent generations linked by marriage (in-laws) are modeled as self-interested agents offering or responding to material incentives. A first implication...