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Surrender Value of Capital Assets: The Economics of Strategic Virginity Loss

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  • Alan Collins

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Abstract

This paper provides the first econometric analysis of rationalizations of virginity loss in terms of love. Data from the UK National Survey of Sexual Attitudes and Lifestyles are used to estimate logit equations to predict the claim that virginity loss was occasioned by being in love. The sample consists of 2,269 males and 1,476 females between the ages of 16 and 59. In economic terms, a dichotomy is found in terms of male and female virginity loss, such that to a degree it is possible to infer that sex is for males more of a consumption good, whilst for females it is more of a capital good. Copyright Kluwer Academic Publishers 2000

Suggested Citation

  • Alan Collins, 2000. "Surrender Value of Capital Assets: The Economics of Strategic Virginity Loss," Journal of Bioeconomics, Springer, vol. 2(3), pages 193-201, October.
  • Handle: RePEc:kap:jbioec:v:2:y:2000:i:3:p:193-201 DOI: 10.1023/A:1012278611320
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    References listed on IDEAS

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    1. Robert Gibbons, 1997. "An Introduction to Applicable Game Theory," Journal of Economic Perspectives, American Economic Association, pages 127-149.
    2. Fair, Ray C, 1978. "A Theory of Extramarital Affairs," Journal of Political Economy, University of Chicago Press, pages 45-61.
    3. Lommerund, K.E., 1997. "Battle of the Sexes: Non-Cooperative Games in the Theory of the Family," Norway; Department of Economics, University of Bergen 174, Department of Economics, University of Bergen.
    4. Lillard, L.A. & Waite, L.J., 1993. "'Til Death Do Us Part: Marital Disruption and Mortality," Papers 93-10, RAND - Labor and Population Program.
    5. Becker, Gary S, 1981. "Altruism in the Family and Selfishness in the Market Place," Economica, London School of Economics and Political Science, vol. 48(189), pages 1-15, February.
    6. Evelyn Lehrer, 1996. "Religion as a determinant of marital fertility," Journal of Population Economics, Springer;European Society for Population Economics, vol. 9(2), pages 173-196, June.
    7. Becker, Gary S, 1973. "A Theory of Marriage: Part I," Journal of Political Economy, University of Chicago Press, vol. 81(4), pages 813-846, July-Aug..
    8. Evelyn Lehrer & Carmel Chiswick, 1993. "Religion as a determinant of marital stability," Demography, Springer;Population Association of America (PAA), vol. 30(3), pages 385-404, August.
    9. Amitrajeet Batabyal, 1998. "Aspects of Arranged Marriages and the Theory of Markov Decision Processes," Theory and Decision, Springer, pages 241-253.
    10. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, Oxford University Press, vol. 84(3), pages 488-500.
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    Keywords

    virginity loss; gender; love;

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