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

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Author Info
Guth, W.
Ivanova-Stenzel, R.
Tjotta, S.

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Abstract

Empirical studies in family economics usually rely on questionnaires, statistical or panel data. Here we try to study experimentally some crucial aspects of engaging in a marriage. First the female partner can end the relationship or suggest one of the two forms of joint venture. Whereas a full engagement relied on more specialization, but makes her more exploitable by the male partner, a low engagement is less productive, but also fairer. More specifically, the random profit of a joint venture is allocated by ultimatum bargaining in case of full engagement. In case of low engagement demands are determined simultaneously. Our treatment variables are her and his ouside option value, representing gender-specific investments in human capital.

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Publisher Info
Paper provided by Department of Economics, University of Bergen in its series Norway; Department of Economics, University of Bergen with number 0500.

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Length: 25 pages
Date of creation: 2000
Date of revision:
Handle: RePEc:fth:bereco:0500

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Postal: Department of Economics, University of Bergen Fosswinckels Gate 6. N-5007 Bergen, Norway
Phone: (+47)55589200
Fax: (+47)55589210
Web page: http://www.econ.uib.no/
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Related research
Keywords: MARRIAGE JOINT VENTURES FAMILY

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Find related papers by JEL classification:
J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General

Cited by:
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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!]
Statistics
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This page was last updated on 2008-9-21.


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