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How €Œchicagoan†Are Gary Becker’S Economic Models Of Marriage?

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  • GROSSBARD, SHOSHANA

Abstract

This paper describes Gary Becker’s theoretical models of marriage. At the micro level, these are all rational choice models. At the market level, Becker offers two major types of models: partial equilibrium models based on price theory as taught by Marshall and Friedman; and optimal sorting models based on optimal assignment models. This paper examines some of the possible intellectual influences on Becker’s theory of marriage, compares Becker’s research on marriage with that of some scholars interested in intra-marriage distribution, and documents that Becker’s students at Chicago were more interested in Becker’s Friedmanian models of marriage than in his optimal assignment models.

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  • Grossbard, Shoshana, 2010. "How €Œchicagoan†Are Gary Becker’S Economic Models Of Marriage?," Journal of the History of Economic Thought, Cambridge University Press, vol. 32(3), pages 377-395, September.
    • Handle: RePEc:cup:jhisec:v:32:y:2010:i:03:p:377-395_00
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    Cited by:

    1. Manuel Santos Silva & Stephan Klasen, 2021. "Gender inequality as a barrier to economic growth: a review of the theoretical literature," Review of Economics of the Household, Springer, vol. 19(3), pages 581-614, September.
    2. Grossbard, Shoshana & Gimenez-Nadal, José Ignacio & Molina, José Alberto, 2010. "Racial Discrimination and Household Chores," IZA Discussion Papers 5345, Institute of Labor Economics (IZA).
    3. Grossbard, Shoshana, 2010. "Independent Individual Decision-Makers in Household Models and the New Home Economics," IZA Discussion Papers 5138, Institute of Labor Economics (IZA).
    4. Hans Bloemen & Elena Stancanelli, 2015. "Toyboys or supergirls? An analysis of partners’ employment outcomes when she outearns him," Review of Economics of the Household, Springer, vol. 13(3), pages 501-530, September.
    5. Grossbard, Shoshana, 2016. "Marriage and Marriage Markets," IZA Discussion Papers 10312, Institute of Labor Economics (IZA).

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