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Economics in a Family Way

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  • Theodore C. Bergstrom

Abstract

This paper argues that the economics of the family can be much enriched by incorporating recent developments in evolutionary biology, animal behavior studies, cultural evolution, anthropology, and game theory. Evolutionary foundations of sympathy between relatives are explored. Applications of the theory of cultural evolution to the demographic transition and to wealth transfers between generations are investigated. The economics of marital institutions such as polygyny, polyandry, and matriarchy are discussed, as well as recent work by economists on non-monogamous mating arrangements in our own society. Applications of recent developments in non-cooperative bargaining theory and matching theory to the theory of marriage are presented.

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Bibliographic Info

Article provided by American Economic Association in its journal Journal of Economic Literature.

Volume (Year): 34 (1996)
Issue (Month): 4 (December)
Pages: 1903-1934

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Handle: RePEc:aea:jeclit:v:34:y:1996:i:4:p:1903-1934

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  1. Ted Bergstrom, . "Primogeniture, Monogamy, and Reproductive Success in a Stratified Society," Papers _031, University of Michigan, Department of Economics.
  2. Ted Bergstrom, 1994. "On the Economics of Polygyny," Microeconomics 9410001, EconWPA.
  3. Ted Bergstrom, 1995. "A Survey of Theories of the Family," Papers _027, University of Michigan, Department of Economics.
  4. Donald Cox & Oded Stark, 1996. "Intergenerational Transfers and the Demonstration Effect," Boston College Working Papers in Economics 329., Boston College Department of Economics.
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