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 …

This paper provides a first microeconomic foundation for the institution of marriage. Based on a model of reproduction …, mating, and parental investment in children, we argue that marriage serves the purpose of attenuating the risk of mating …, marriage circumscribes female infidelity and mate poaching among men, which reduces average levels of paternal uncertainty in …

We study marital sorting on academic qualifications and latent ability in an equilibrium marriage market model using … marriage market, and affected marital outcomes of individuals whose qualification attainment were unaffected. We also decompose … the difference in marriage probabilities between unqualified individuals and those with basic qualifications into causal …

We study marital sorting on academic qualifications and latent ability in an equilibrium marriage market model using … marriage market, and affected marital outcomes of individuals whose qualification attainment were unaffected.We also decompose … the difference in marriage probabilities between unqualified individuals and those with basic qualifications into causal …

This paper develops a novel model of marital sorting on income potentials: In the marriage market, people are matching … on potential wage growth rates which differ across individuals. Gains from marriage arise from intra …

properties of different divorce asset-division regimes are examined. A stylized common-law regime is shown to lead to fully …

the "marriage squeeze," a population increase leads to an excess supply of brides since men marry younger women. As a … result, dowry payments rise in order to clear the marriage market. The explanation is essentially static; unmarried brides do … not re-enter the marriage market. This paper demonstrates that the marriage squeeze argument cannot explain dowry …

This paper investigates, both theoretically and empirically, the effect of sociability on the age of marriage …. Theoretically, a more sociable individual has higher chances of finding a suitable partner for marriage early in life, and hence is … afford to be more selective in choosing a mate and therefore will tend to postpone marriage until the most suitable partner …

daughters, when the marriage market exhibits competitive dowry payments and altruistic but paternalistic parents benefit from …