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Courtship as a Waiting Game

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Author Info

  • Bergstrom, T.
  • Bagnali, M.

Abstract

In most times and places, women on average marry older men. The authors suggest a partial explanation. If the economi c roles of males are more specialized than those of females, the desirability of a female as a mate may become evident at an earlier age than is the case for males. Males with good prospects will wait unti l their economic success is revealed before choosing a bride. Those wi th poor prospects try to marry young. In equilibrium, the most desirabl e young females choose successful older males. The less desirable youn g females have no better option than to marry available young males. Copyright 1993 by University of Chicago Press.

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Bibliographic Info

Paper provided by Michigan - Center for Research on Economic & Social Theory in its series Papers with number 91-3.

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Length: 13 pages
Date of creation: 1991
Date of revision:
Handle: RePEc:fth:michet:91-3

Contact details of provider:
Postal: UNIVERSITY OF MICHIGAN, DEPARTMENT OF ECONOMICS CENTER FOR RESEARCH ON ECONOMIC AND SOCIAL THEORY, ANN ARBOR MICHIGAN U.S.A.

Related research

Keywords: mariage ; economic models ; income;

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References

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  1. Bergstrom, T. & Schoeni, R., 1992. "Income Prospects and Age at Marriage," Papers 92-10, Michigan - Center for Research on Economic & Social Theory.
  2. Egbert Dierker, 1989. "Competition for Customers," Discussion Paper Serie A 244, University of Bonn, Germany.
  3. Bagnoli, M. & Bergstrom, T., 1989. "Log-Concave Probability And Its Applications," Papers 89-23, Michigan - Center for Research on Economic & Social Theory.
  4. Flinn, Christopher J & Heckman, James J, 1983. "Are Unemployment and Out of the Labor Force Behaviorally Distinct Labor Force States?," Journal of Labor Economics, University of Chicago Press, vol. 1(1), pages 28-42, January.
  5. Keeley, Michael C, 1977. "The Economics of Family Formation," Economic Inquiry, Western Economic Association International, vol. 15(2), pages 238-50, April.
  6. Becker, Gary S, 1974. "A Theory of Marriage: Part II," Journal of Political Economy, University of Chicago Press, vol. 82(2), pages S11-S26, Part II, .
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