IDEAS home Printed from https://ideas.repec.org/p/fth/michet/90-12.html
   My bibliography  Save this paper

Courtship as a Waiting Game

Author

Listed:
  • Bergstrom, T.
  • Bagnoli, M.

Abstract

In most times and places, women on average marry men who are older than themselves. We propose a partial explanation for this difference and for why it is diminishing. In a society where the economic roles of males are more varied and specialized than the roles of females, it may be that the relative desirability of females as marriage partners becomes evident at an earlier age for females than it does for males. We study an equilibrium model in which the males who regard their prospects as unusually good choose to wait until their economic success is revealed before choosing a bride. In equilibrium, the most desirable young females choose successful older males. Young males who do not believe that time will not treat them kindly will offer to marry at a young age. Although they are aware that young males available for marriage are no bargain, the less desirable young females will be offered no better option than the lottery presented by marrying a young male. We show the existence of equilibrium for models of this type and explore the properties of equilibrium.
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abs
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Bergstrom, T. & Bagnoli, M., 1990. "Courtship as a Waiting Game," Papers 90-12, Michigan - Center for Research on Economic & Social Theory.
  • Handle: RePEc:fth:michet:90-12
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Mark Bagnoli & Ted Bergstrom, 2006. "Log-concave probability and its applications," Studies in Economic Theory, in: Charalambos D. Aliprantis & Rosa L. Matzkin & Daniel L. McFadden & James C. Moore & Nicholas C. Yann (ed.), Rationality and Equilibrium, pages 217-241, Springer.
    2. Flinn, Christopher J & Heckman, James J, 1983. "Are Unemployment and Out of the Labor Force Behaviorally Distinct Labor Force States?," Journal of Labor Economics, University of Chicago Press, vol. 1(1), pages 28-42, January.
    3. Bergstrom, Ted & Schoeni, Robert F, 1996. "Income Prospects and Age-at-Marriage," Journal of Population Economics, Springer;European Society for Population Economics, vol. 9(2), pages 115-130, May.
    4. Roth, Alvin E. & Sotomayor, Marilda, 1992. "Two-sided matching," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 1, chapter 16, pages 485-541, Elsevier.
    5. Keeley, Michael C, 1977. "The Economics of Family Formation," Economic Inquiry, Western Economic Association International, vol. 15(2), pages 238-250, April.
    6. Becker, Gary S, 1974. "A Theory of Marriage: Part II," Journal of Political Economy, University of Chicago Press, vol. 82(2), pages 11-26, Part II, .
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:eee:labchp:v:1:y:1986:i:c:p:205-271 is not listed on IDEAS
    2. Danziger, Leif & Neuman, Shoshana, 1999. "On the age at marriage: theory and evidence from Jews and Moslems in Israel," Journal of Economic Behavior & Organization, Elsevier, vol. 40(2), pages 179-193, October.
    3. Robert Kaestner, 1995. "The Effects of Cocaine and Marijuana Use on Marriage and Marital Stability," NBER Working Papers 5038, National Bureau of Economic Research, Inc.
    4. Giolito, Eugenio, 2004. "A Search Model of Marriage with Differential Fecundity," IZA Discussion Papers 1082, Institute of Labor Economics (IZA).
    5. Ian M. Schmutte, 2015. "Job Referral Networks and the Determination of Earnings in Local Labor Markets," Journal of Labor Economics, University of Chicago Press, vol. 33(1), pages 1-32.
    6. Bergstrom, Ted & Schoeni, Robert F, 1996. "Income Prospects and Age-at-Marriage," Journal of Population Economics, Springer;European Society for Population Economics, vol. 9(2), pages 115-130, May.
    7. Elul, Ronel & Silva-Reus, Jose & Volij, Oscar, 2002. "Will you marry me?: A perspective on the gender gap," Journal of Economic Behavior & Organization, Elsevier, vol. 49(4), pages 549-572, December.
    8. Chakraborty, Archishman & Citanna, Alessandro, 2005. "Occupational choice, incentives and wealth distribution," Journal of Economic Theory, Elsevier, vol. 122(2), pages 206-224, June.
    9. Linda Y. Wong, 2003. "Structural Estimation of Marriage Models," Journal of Labor Economics, University of Chicago Press, vol. 21(3), pages 699-728, July.
    10. Gould, Eric D. & Paserman, M. Daniele, 2003. "Waiting for Mr. Right: rising inequality and declining marriage rates," Journal of Urban Economics, Elsevier, vol. 53(2), pages 257-281, March.
    11. Courtioux, Pierre & Lignon, Vincent, 2016. "A good career or a good marriage: The returns of higher education in France," Economic Modelling, Elsevier, vol. 57(C), pages 221-237.
    12. Lixin Colin Xu & Christine Zhen-Wei Qiang & Limin Wang, 2003. "The Timing of Marriage in China," Annals of Economics and Finance, Society for AEF, vol. 4(2), pages 343-357, November.
    13. Vaillant, Nicolas G., 2004. "Estimating the time elapsed between ending a relationship and joining a matchmaking agency: Evidence from a French marriage bureau," Journal of Economic Psychology, Elsevier, vol. 25(6), pages 789-802, December.
    14. Dirk Bethmann & Robert Rudolf, 2018. "Happily ever after? Intrahousehold bargaining and the distribution of utility within marriage," Review of Economics of the Household, Springer, vol. 16(2), pages 347-376, June.
    15. Gillian Hamilton & Aloysius Siow, 1999. "Marriage and Fertility in a Catholic Society: Eighteenth-Century Quebec," Working Papers siow-99-01, University of Toronto, Department of Economics.
    16. Nizam Khan & Andrew D. Foster, 1994. "Equilibrating the Marriage Market in a Rapidly Growing Population: Evidence from Rural Bangladesh," Home Pages _080, University of Pennsylvania.
    17. Leeson, Peter T. & Suarez, Paola A., 2017. "Child brides," Journal of Economic Behavior & Organization, Elsevier, vol. 144(C), pages 40-61.
    18. Zhang, Junsen, 1995. "Do men with higher wages marry earlier or later?," Economics Letters, Elsevier, vol. 49(2), pages 193-196, August.
    19. Mark Yuying An, 1996. "Log-concave Probability Distributions: Theory and Statistical Testing," Game Theory and Information 9611002, University Library of Munich, Germany.
    20. Aloysius Siow, 1998. "Differential Fecundity, Markets, and Gender Roles," Journal of Political Economy, University of Chicago Press, vol. 106(2), pages 334-354, April.
    21. Namkee Ahn & Pedro Mira, "undated". "Job bust, baby bust: the Spanish case," Working Papers 99-06, FEDEA.

    More about this item

    Keywords

    game theory;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fth:michet:90-12. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Thomas Krichel (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.