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Heterogeneous human capital, uncertainty, and the structure of plans: A market process approach to marriage and divorce

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  • Steven Horwitz
  • Peter Lewin

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  • Steven Horwitz & Peter Lewin, 2008. "Heterogeneous human capital, uncertainty, and the structure of plans: A market process approach to marriage and divorce," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 21(1), pages 1-21, March.
    • Handle: RePEc:kap:revaec:v:21:y:2008:i:1:p:1-21
    DOI: 10.1007/s11138-007-0029-x
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    References listed on IDEAS

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    1. Gary S. Becker, 1981. "A Treatise on the Family," NBER Books, National Bureau of Economic Research, Inc, number beck81-1.
    2. Peters, H Elizabeth, 1992. "Marriage and Divorce: Reply," American Economic Review, American Economic Association, vol. 82(3), pages 687-693, June.
    3. Lundberg, Shelly & Pollak, Robert A, 1993. "Separate Spheres Bargaining and the Marriage Market," Journal of Political Economy, University of Chicago Press, vol. 101(6), pages 988-1010, December.
    4. Steven Horwitz, 2005. "The functions of the family in the great society," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 29(5), pages 669-684, September.
    5. Peter Lewin, 1997. "Hayekian equilibrium and change," Journal of Economic Methodology, Taylor & Francis Journals, vol. 4(2), pages 245-266.
    6. Johnson, William R & Skinner, Jonathan, 1986. "Labor Supply and Marital Separation," American Economic Review, American Economic Association, vol. 76(3), pages 455-469, June.
    7. Grossbard-Shechtman, Shoshana & Lemennicier, Bertrand, 2000. "Marriage contracts and the law-and-economics of marriage: an Austrian perspective," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 28(6), pages 665-690, June.
    8. Chiswick, Carmel U & Lehrer, Evelyn L, 1990. "On Marriage-Specific Human Capital: Its Role as a Determinant of Remarriage," Journal of Population Economics, Springer;European Society for Population Economics, vol. 3(3), pages 193-213, October.
    9. Hadfield, Gillian K., 1999. "A coordination model of the sexual division of labor," Journal of Economic Behavior & Organization, Elsevier, vol. 40(2), pages 125-153, October.
    10. Rowthorn, Robert, 1999. "Marriage and Trust: Some Lessons from Economics," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 23(5), pages 661-691, September.
    11. Allen, Douglas W., 1998. "No-fault divorce in Canada: Its cause and effect," Journal of Economic Behavior & Organization, Elsevier, vol. 37(2), pages 129-149, October.
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    Cited by:

    1. Maksim Vlasov & Sergey N. Polbitsyn & Michael Olumekor & Hossam Haddad, 2023. "Exploring the Role of Socio-Cultural Factors on the Development of Human Capital in Multi-Ethnic Regions," Sustainability, MDPI, vol. 15(21), pages 1-14, October.
    2. Mikayla Novak, 2023. "The Emancipatory Liberalism of Steven Horwitz: The Case of Women’s Economic Status," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 38(Winter 20), pages 55-71.
    3. Stephen G. Zimmer, 2023. "Rethinking the role of human Capital in Growth Models," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 36(4), pages 567-588, December.

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    More about this item

    Keywords

    Capital heterogeneity; No-fault divorce; Marriage; Marriage-specific human capital; Market process; Plan disequilibrium; Covenant marriage; D10; D13; D80; J22; J24; K19;
    All these keywords.

    JEL classification:

    • D10 - Microeconomics - - Household Behavior - - - General
    • D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation
    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • K19 - Law and Economics - - Basic Areas of Law - - - Other

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