Please, Marry Me! An Experimental Study of Risking a Joint Venture
AbstractEmpirical 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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Bibliographic InfoPaper provided by Department of Economics, University of Bergen in its series Norway; Department of Economics, University of Bergen with number 0500.
Length: 25 pages
Date of creation: 2000
Date of revision:
Contact details of provider:
Postal: Department of Economics, University of Bergen Fosswinckels Gate 6. N-5007 Bergen, Norway
Web page: http://www.uib.no/econ/
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MARRIAGE ; JOINT VENTURES ; FAMILY;
Other versions of this item:
- Werner Guth & Radosveta Ivanova-Stenzel & Sigve Tjotta, 2004. "Please, Marry Me! An Experimental Study of Risking a Joint Venture," Metroeconomica, Wiley Blackwell, vol. 55(1), pages 1-21, 02.
- Güth, Werner & Ivanova-Stenzel, Radosveta & Tjotta, Sigve, 1999. "Please, marry me!: An experimental study of risking a joint venture," SFB 373 Discussion Papers 1999,92, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
- J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
- C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General
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- Schröder, Melanie & Schmitt, Norma & Heynemann, Britta & Brünn, Claudia, 2013. "Income Taxation and Labor Supply: An Experiment on Couple's Work E ffort," Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79735, Verein für Socialpolitik / German Economic Association.
- 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.
- 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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