This paper studies the dynamics of bargaining in an intrahousehold context. To explore long-term partner relationships, we analyse bilateral bargaining by considering that spouses take decisions sequentially. We conclude that a greater valuation of the present, rather than the future, for the spouse who takes the second decision, increases the set of possible sustainable agreements, as well as the proportion of time that this agent devotes to a family good.
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Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number
3757.
Find related papers by JEL classification: C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games C62 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Existence and Stability Conditions of Equilibrium J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Shelly Lundberg & Robert A. Pollak, 2001.
"Efficiency in Marriage,"
NBER Working Papers
8642, National Bureau of Economic Research, Inc.
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