Anything to Keep You Happy?
Whilst there is an abundant supply of theoretical and empirical contributions in cooperative bargaining models on the transfer of material resources within couples and the labour supply patterns of individuals in couples, this literature has so far not been interested in measuring empirically the utilities of partners. Conversely the literature on hedonic wellbeing has recently moved on to assess couple’s happiness and the extent to which individuals in couples influence each other’s happiness without making reference to the problem of allocation of resources. The latter is however important to both the individual and couple happiness, and in the limit determine whether couples stay together. Here we address the role of the allocation of resources, particularly in the form of time use time and the effect it has on the joint and individual utilities in the couple.
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- 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..
- Ada Ferrer-i-Carbonell & Paul Frijters, 2004. "How Important is Methodology for the estimates of the determinants of Happiness?," Economic Journal, Royal Economic Society, vol. 114(497), pages 641-659, 07.
- Ada Ferrer-i-Carbonell & Paul Frijters, 2002. "How important is Methodology for the Estimates of the Determinants of Happiness?," Tinbergen Institute Discussion Papers 02-024/3, Tinbergen Institute.