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, for the spouse who takes the second decision, a greater discount factor 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 University Library of Munich, Germany in its series MPRA Paper with number
17742.
Find related papers by JEL classification: C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure C62 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Existence and Stability Conditions of Equilibrium C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
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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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