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The Law and Economics of Marriage Contracts

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  • Ian Smith

    (University of St Andrews)

Abstract

Growth in property ownership has raised the stakes in the distribution of financial assets on divorce. Given high risks of marital failure, this has stimulated the demand for private ordering through enforceable marriage contracts. This paper surveys the existing law and economics literature and legal practice to consider the state of knowledge on the economic theory, scope and limits of written nuptial agreements. Copyright Blackwell Publishing Ltd, 2003.

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Bibliographic Info

Article provided by Wiley Blackwell in its journal Journal of Economic Surveys.

Volume (Year): 17 (2003)
Issue (Month): 2 (04)
Pages: 201-226

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Handle: RePEc:bla:jecsur:v:17:y:2003:i:2:p:201-226

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References

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Cited by:
  1. Ana Paula Martins, 2012. "Calls and Couples: Communication, Connections, Joint-Consumption and Transfer Prices," Annals of Economics and Finance, Society for AEF, vol. 13(2), pages 237-281, November.
  2. Helmut Rainer, 2003. "Should We Write Prenuptial Contracts?," Economics Discussion Papers 572, University of Essex, Department of Economics.
  3. Tümer Kapan, 2010. "Property Division Laws: The Effects on Labor Supply and Household Bargaining," 2010 Meeting Papers 1127, Society for Economic Dynamics.

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