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...

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 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...

Much of the recent literature in household economics has been critical of unitary models of household decision-making. Most alternative models currently used are bargaining models and consensual models, including collective models. This paper discusses another alternative: independent 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,...

This paper presents a model of consumption and household production that takes into account substitution between health-related goods that are produced at home and those produced commercially as well as substitution between goods produced at home by oneself and those produced by one's spouse or...

Higher body-weight (BMI) can affect labor supply via its effects on outcomes in both labor markets and marriage markets. To the extent that it is associated with lower prospects of being in couple and obtaining intra-couple transfers, we expect that higher BMI will increase willingness to supply...