Match of the Day: The search for a suitable spouse
AbstractThe institutions of family and marriage may seem beyond the remit of economics, involving complexities which the discipline could only ever assume away. There is, however, a significant body of research, which applies the adaptable economists’ toolbox to these areas of life, often yielding a significant degree of insight. Gary Becker’s seminal Treatise on the Family, one of the first studies to subject decisions about sex, marriage, childbearing and childrearing to economic analysis, employed concepts such as the maximisation of family, or household, utility functions to explain family collective choice, with later authors using game theoretic models to offer a different perspective on the intra-household distribution of goods. However, the well-documented phenomenon of urban areas having higher divorce rates than rural regions is not addressed by existing family economics literature, despite the importance of such trends to social policy planners. We develop a new model that provides a theoretical basis for the difference in rural and urban divorce rates, drawing on insights from labour economics and social psychology that have not previously been applied to family economics.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 31950.
Date of creation: 02 Jun 2011
Date of revision:
Economics; Family; Divorce;
Find related papers by JEL classification:
- R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information
- J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-07-13 (All new papers)
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- McCall, John J, 1970. "Economics of Information and Job Search," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 84(1), pages 113-26, February.
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