A theory of the economic aspects of the law of marriage. In The Nature of the Firm (1937), Ronald Coase noted that …’ll support me." Some are short term: "I’ll drop off the dry-cleaning; you pick up the kids." Economic theory tells us that such … marriage substitutes non-contractual rules to enforce implicit deals between spouses. Like corporate law, it largely supplants …

suggests that individuals with a higher preference for marriage also have more traditional views on the division of household …

In theory, unilateral divorce laws alter the private incentive to invest in human capital by permitting either spouse … less likely to attain a bachelor's degree in states with unilateral divorce laws--especially individuals who were exposed … to the laws when making educational choices and who live in states requiring an even split of assets upon divorce …

increasing these households' income. In this paper we present a model that analyses decisions made before and during marriage to … invest in the human capital of parents and children. These decisions result from a variety of anticipated post‐divorce …

some of the most salient life-cycle patterns of marriage, divorce, remarriage, and time allocation behavior. We use our … equilibrium limited-commitment collective framework that allows for marriage both within and across birth cohorts. Using Panel … within- and across-cohort marital matching. Our model replicates the bivariate marriage distribution by age, and explains …

Why has polygyny, marriage of a man to multiple women, common in most societies throughout history, almost disappeared … income have led to the rise of monogamy. A general equilibrium model of the marriage market illustrates that the spread of …

post marriage investment indicates that the spouse with the comparative advantage in investment will increase his …/her investment in human capital after his/her marriage, whereas the other spouse will decrease it. The more efficient investment due … to marriage enables the achievement of a Pareto improvement …