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Anything to Keep You Happy?

  • Marina Della Giusta

    ()

    (School of Economics, University of Reading)

  • Sarah Jewell

    ()

    (School of Economics, University of Reading)

  • Uma Kambhampati

    ()

    (School of Economics, University of Reading)

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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File URL: http://www.reading.ac.uk/web/FILES/economics/emdp2010082.pdf
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Paper provided by Henley Business School, Reading University in its series Economics & Management Discussion Papers with number em-dp2010-01.

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Length: 16 pages
Date of creation: 06 May 2010
Date of revision:
Handle: RePEc:rdg:emxxdp:em-dp2010-01
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Web page: http://www.henley.reading.ac.uk/

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  1. 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.
  2. Becker, Gary S, 1973. "A Theory of Marriage: Part I," Journal of Political Economy, University of Chicago Press, vol. 81(4), pages 813-46, July-Aug..
  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. Manser, Marilyn & Brown, Murray, 1980. "Marriage and Household Decision-Making: A Bargaining Analysis," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 21(1), pages 31-44, February.
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