recognition between men and women that provides a microfoundation for the institution of marriage. In the model, men and women … derive utility from consumption and reproductive success, which is a function of the number and quality of own offspring …. As a socially sanctioned commitment device among partners, the institution of marriage reduces this risk by restraining …

. However, its long-term impact on yet unmarried women is not because such a reform generates lower utility for women within … 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 …

possible intellectual influences on Becker's theory of marriage, compares Becker's research on marriage with that of some …This paper describes Gary Becker's theoretical models of marriage. At the micro-level, these are all rational choice … models. At the market level, Becker offers two major types of models: partial equilibrium models based on Price Theory as …

decision to marry, and on the choice of game conditional on marriage. We find that, in the absence of social stigma or legal …We use elementary game-theoretical concepts to compare domestic equilibria with and without marriage. In particular, we … examine the effects of marriage legislation, matrimonial property regime, and divorce court sentencing practice, on the …

This paper explores the role of marriage when markets are incomplete so that individuals cannot diversify their … negatively correlated with her own) as it raises her expected utility. However, the existence of love complicates the picture … love. Is love more important to a lasting marriage than economic compatibility? To answer this question, I develop a simple …

risk sharing is one benefit to marriage it is also limited by divorce risk. With search in the marriage market there may be … multiple equilibria diering not only in divorce rates but also in the role of marriage in providing informal insurance …

: efficiently or inefficiently. Under strong, but standard, assumptions regarding marriage market equilibria, marital sorting … efficient or not. We develop a new likelihood-based metric to compare marriage market fits under the two alternative behavioral …

behavior. The method imposes no parametric structure on household decision processes, accounts for unobserved preference … or region of residence) operate on the same marriage market and are characterized by a homogeneous consumption technology … consumption level in case of marriage dissolution or spousal death. …

A central component of his theory of marriage Becker's Demand and Supply (D&S) models of marriage are also among the … of men to women in marriage markets - on individual consumption of married men and women, and indicate some of the ways … benefits women and used the positive association between brideprice and polygyny as evidence. Relying on D&S models of marriage …