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Powerful Wives and Faithful Husbands

Author

Listed:
  • Maderner, N.

Abstract

This paper studies the influence of social norms to a marriage bargaining process, when there is the private information on each player's side. We add hidden information on the player's characteristic or type to a marriage bargaining model where social norms determines the sharing rule for the gains from marriage. Then, unless one has a very high stand alone budget at his/her diposal, only unions between two high type persons can rach utility improvement for both.

Suggested Citation

  • Maderner, N., 1999. "Powerful Wives and Faithful Husbands," Papers 9901, Washington St. Louis - School of Business and Political Economy.
    • Handle: RePEc:fth:waslbp:9901
    as

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    More about this item

    Keywords

    MARRIAGE ; BARGAINING ; INFORMATION ; SOCIAL NORMS;
    All these keywords.

    JEL classification:

    • J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
    • C83 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Survey Methods; Sampling Methods
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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