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We model the bargaining process of parents over custody at the time of divorce. First we assume an institutional … custody enables more parents to divorce by mutual consent. -- (joint) custody ; divorce ; family law ; bargaining …
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Neither marriage nor a legally enforceable contract serves any useful purpose if the parties have access to a perfect … enforceable contract. Separate-property marriage may reduce, and community-property marriage actually eliminate inefficiency, but …
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Payments at the time of marriage, which are ubiquitous in developing countries, can be substantial enough to impoverish … prompted legislation against them in several jurisdictions. Marriage payments are often a substitute for investment in female …
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