Why are there singles: Being single in equilibrium as a partner discipline device
Although people constantly search for partners, there are always some ones who are left as singles. This paper provides a simple model to demonstrate that this can happen even in the environment most conducive to partnership, when monitoring infidelity is not perfect. The intuition is that, when having a partner is preferred to being single, being single can be used as a discipline device to prevent infidelity.
Volume (Year): 10 (2008)
Issue (Month): 10 ()
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Discussion Papers in Economics at the University of Washington
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