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recognition between men and women that provides a microfoundation for the institution of marriage. In the model, men and women …. As a socially sanctioned commitment device among partners, the institution of marriage reduces this risk by restraining … societal, economic, and technological changes in their effects on marriage patterns. A combination of factors is argued to …
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marriage which exactly offsets their higher prospective divorce settlement. When remarriage is possible, more complex effects … could occur: the reform typically alters divorce probabilities and it may affect the total surplus generated by marriage …
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