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Love and Addiction: The Importance of Commitment

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Author Info
Steven F. Koch () (Department of Economics, University of Pretoria)

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Abstract

The bilaterally monopolistic nature of relationships between part- ners, combined with the addictive nature of love, which represents the emotion people feel during the course of a relationship, results in love growth when re- lationships are based on commitment. However, in relationships with less than perfect commitment, love will wither, and potentially die. In this paper, the path of love through a relationship is examined under the assumption that love is addictive and that partners may or may not be able to commit to a relationship. The differences in the results suggest that cohabiting partners may, by their very lack of commitment at the outset, be unsuited to successful marriages.

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Publisher Info
Paper provided by University of Pretoria, Department of Economics in its series Working Papers with number 200516.

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Length: 38 pages
Date of creation: Dec 2005
Date of revision:
Handle: RePEc:pre:wpaper:200516

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Related research
Keywords: Addiction; Commitment;

Find related papers by JEL classification:
D19 - Microeconomics - - Household Behavior - - - Other
D99 - Microeconomics - - Intertemporal Choice and Growth - - - Other

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This page was last updated on 2009-11-13.


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