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 …

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 …

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 …