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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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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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. We find that it is optimal to write an augmented Cadillac contract that sets one threshold such that it cannot be met …
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