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Please, Marry Me! An Experimental Study of Risking a Joint Venture

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  • Werner Guth
  • Radosveta Ivanova-Stenzel
  • Sigve Tjotta

Abstract

Empirical studies in family economics usually rely on questionnaires, statistical data or panel data. Here we try to study experimentally some crucial aspects of engaging in a marriage. The female partner can end the relationship or suggest one of two forms of joint venture where more labor division makes her more exploitable by her partner. More specifically, the random profit of the joint venture is allocated by ultimatum bargaining in the case of a full engagement whereas marriage bargaining is procedurally fair in the case of a low engagement. Our treatment variables are her and his outside options representing different attitudes to investing in human capital. Copyright Blackwell Publishing Ltd 2004.

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Bibliographic Info

Article provided by Wiley Blackwell in its journal Metroeconomica.

Volume (Year): 55 (2004)
Issue (Month): 1 (02)
Pages: 1-21

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Handle: RePEc:bla:metroe:v:55:y:2004:i:1:p:1-21

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Cited by:
  1. Schröder, Melanie & Schmitt, Norma & Heynemann, Britta & Brünn, Claudia, 2013. "Income Taxation and Labor Supply: An Experiment on Couple's Work Effort," Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79735, Verein für Socialpolitik / German Economic Association.
  2. Vital Anderhuba & Dennis A. V. Dittrich & Werner Güth & Nadege Marchandd, . "Interpersonal allocation behavior in a household saving experiment," Papers on Strategic Interaction 2002-02, Max Planck Institute of Economics, Strategic Interaction Group.
  3. Hannelore Weck-Hannemann, 2000. "Frauen in der Ökonomie und Frauenökonomik: Zur Erklärung geschlechtsspezifischer Unterschiede in der Wirtschaft und in den Wirtschaftswissenschaften," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 1(2), pages 199-220, 05.

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