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

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Author Info
Werner Guth
Radosveta Ivanova-Stenzel
Sigve Tjotta

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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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Article provided by Blackwell Publishing 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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  1. Vital Anderhuba & Dennis A. V. Dittrich & Werner Güth & Nadege Marchandd, . "Interpersonal allocation behavior in a household saving experiment," Discussion Papers on Strategic Interaction 2002-02, Max Planck Institute of Economics, Strategic Interaction Group. [Downloadable!]
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This page was last updated on 2008-8-11.


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