IDEAS home Printed from https://ideas.repec.org/p/ris/msuecw/2020_001.html
   My bibliography  Save this paper

Preference Evolution in Different Marriage Markets

Author

Listed:
  • Wu, Jiabin

    (Department of Economics, University of Oregon)

  • Zhang, Hanzhe

    (Department of Economics, University of Oregon)

Abstract

We examine the evolution of preferences under different arrangements of the marriage market, when preferences are influenced by own choices and parents’ preferences. Multiple stable equilibria arise under random matching, but a unique equilibrium exists under assortative matching. Differences in evolutionary trajectories after transitory and permanent shocks by marriage markets allow us to discuss in a unified way the evolution of (i) female labor force participation in developed countries, (ii) gender norms in developing countries, (iii) the capitalistic spirit in preindustrial England, and (iv) cultural norms in the long run.

Suggested Citation

  • Wu, Jiabin & Zhang, Hanzhe, 2020. "Preference Evolution in Different Marriage Markets," Working Papers 2020-1, Michigan State University, Department of Economics.
  • Handle: RePEc:ris:msuecw:2020_001
    as

    Download full text from publisher

    File URL: http://econ.msu.edu/repec/wp/190102.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Jonathan Newton, 2018. "Evolutionary Game Theory: A Renaissance," Games, MDPI, vol. 9(2), pages 1-67, May.
    2. Raquel Fernández & Nezih Guner & John Knowles, 2005. "Love and Money: A Theoretical and Empirical Analysis of Household Sorting and Inequality," The Quarterly Journal of Economics, Oxford University Press, vol. 120(1), pages 273-344.
    3. Xue, Melanie Meng, 2018. "High-Value Work and the Rise of Women: The Cotton Revolution and Gender Equality in China," MPRA Paper 91100, University Library of Munich, Germany.
    4. Wu, Jiabin, 2017. "Political institutions and the evolution of character traits," Games and Economic Behavior, Elsevier, vol. 106(C), pages 260-276.
    5. Roland Bénabou & Jean Tirole, 2006. "Belief in a Just World and Redistributive Politics," The Quarterly Journal of Economics, Oxford University Press, vol. 121(2), pages 699-746.
    6. Alberto Bisin & Thierry Verdier, 2000. ""Beyond the Melting Pot": Cultural Transmission, Marriage, and the Evolution of Ethnic and Religious Traits," The Quarterly Journal of Economics, Oxford University Press, vol. 115(3), pages 955-988.
    7. Kim Gannon & Hanzhe Zhang, 2020. "An Evolutionary Justification for Overconfidence," Economics Bulletin, AccessEcon, vol. 40(3), pages 2494-2504.
    8. Alberto Alesina & Paola Giuliano & Nathan Nunn, 2013. "On the Origins of Gender Roles: Women and the Plough," The Quarterly Journal of Economics, Oxford University Press, vol. 128(2), pages 469-530.
    9. Hazan, Moshe & D. Maoz, Yishay, 2002. "Women's labor force participation and the dynamics of tradition," Economics Letters, Elsevier, vol. 75(2), pages 193-198, April.
    10. Andrew J. Cherlin, 2012. "Goode's World Revolution and Family Patterns: A Reconsideration at Fifty Years," Population and Development Review, The Population Council, Inc., vol. 38(4), pages 577-607, December.
    11. Rogers, Alan R, 1994. "Evolution of Time Preference by Natural Selection," American Economic Review, American Economic Association, vol. 84(3), pages 460-481, June.
    12. Cheung, Man-Wah & Wu, Jiabin, 2018. "On the probabilistic transmission of continuous cultural traits," Journal of Economic Theory, Elsevier, vol. 174(C), pages 300-323.
    13. Theodore C. Bergstrom, 2003. "The Algebra of Assortative Encounters and the Evolution of Cooperation," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 5(03), pages 211-228.
    14. Daron Acemoglu & David H. Autor & David Lyle, 2004. "Women, War, and Wages: The Effect of Female Labor Supply on the Wage Structure at Midcentury," Journal of Political Economy, University of Chicago Press, vol. 112(3), pages 497-551, June.
    15. Guido Tabellini, 2008. "The Scope of Cooperation: Values and Incentives," The Quarterly Journal of Economics, Oxford University Press, vol. 123(3), pages 905-950.
    16. Goldin, Claudia D, 1991. "The Role of World War II in the Rise of Women's Employment," American Economic Review, American Economic Association, vol. 81(4), pages 741-756, September.
    17. Robson, Arthur J., 1996. "A Biological Basis for Expected and Non-expected Utility," Journal of Economic Theory, Elsevier, vol. 68(2), pages 397-424, February.
    18. Nicole M Fortin, 2005. "Gender Role Attitudes and the Labour-market Outcomes of Women across OECD Countries," Oxford Review of Economic Policy, Oxford University Press, vol. 21(3), pages 416-438, Autumn.
    19. Timur Kuran & William H. Sandholm, 2008. "Cultural Integration and Its Discontents," Review of Economic Studies, Oxford University Press, vol. 75(1), pages 201-228.
    20. Seema Jayachandran, 2015. "The Roots of Gender Inequality in Developing Countries," Annual Review of Economics, Annual Reviews, vol. 7(1), pages 63-88, August.
    21. Thomas Dohmen & Armin Falk & David Huffman & Uwe Sunde, 2012. "The Intergenerational Transmission of Risk and Trust Attitudes," Review of Economic Studies, Oxford University Press, vol. 79(2), pages 645-677.
    22. Michael Kremer, 1997. "How Much does Sorting Increase Inequality?," The Quarterly Journal of Economics, Oxford University Press, vol. 112(1), pages 115-139.
    23. Sethi, Rajiv & Somanathan, E., 2001. "Preference Evolution and Reciprocity," Journal of Economic Theory, Elsevier, vol. 97(2), pages 273-297, April.
    24. Robatto, Roberto & Szentes, Balázs, 2017. "On the biological foundation of risk preferences," Journal of Economic Theory, Elsevier, vol. 172(C), pages 410-422.
    25. Casper Hansen & Peter Jensen & Christian Skovsgaard, 2015. "Modern gender roles and agricultural history: the Neolithic inheritance," Journal of Economic Growth, Springer, vol. 20(4), pages 365-404, December.
    26. Sonalde Desai & Lester Andrist, 2010. "Gender scripts and age at marriage in India," Demography, Springer;Population Association of America (PAA), vol. 47(3), pages 667-687, August.
    27. repec:hrv:faseco:33077826 is not listed on IDEAS
    28. Wahhaj, Zaki, 2018. "An economic model of early marriage," Journal of Economic Behavior & Organization, Elsevier, vol. 152(C), pages 147-176.
    29. repec:hrv:faseco:30703972 is not listed on IDEAS
    30. Bilancini, Ennio & Boncinelli, Leonardo & Wu, Jiabin, 2018. "The interplay of cultural intolerance and action-assortativity for the emergence of cooperation and homophily," European Economic Review, Elsevier, vol. 102(C), pages 1-18.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jiabin Wu, 2021. "Matching markets and cultural selection," Review of Economic Design, Springer;Society for Economic Design, vol. 25(4), pages 267-288, December.
    2. Zhang, Hanzhe, 2020. "A Marriage-Market Perspective on Risk-Taking and Career Choices: Theory and Evidence," Working Papers 2020-2, Michigan State University, Department of Economics.

    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. Wu, Jiabin & Zhang, Hanzhe, 2021. "Preference evolution in different matching markets," European Economic Review, Elsevier, vol. 137(C).
    2. Giuliano, Paola, 2017. "Gender: An Historical Perspective," CEPR Discussion Papers 12183, C.E.P.R. Discussion Papers.
    3. Jonathan Newton, 2018. "Evolutionary Game Theory: A Renaissance," Games, MDPI, vol. 9(2), pages 1-67, May.
    4. Ingela Alger & Jörgen W. Weibull, 2019. "Evolutionary Models of Preference Formation," Annual Review of Economics, Annual Reviews, vol. 11(1), pages 329-354, August.
    5. Huichao Du & Yun Xiao & Liqiu Zhao, 2021. "Education and gender role attitudes," Journal of Population Economics, Springer;European Society for Population Economics, vol. 34(2), pages 475-513, April.
    6. Ennio Bilancini & Leonardo Boncinelli & Alessandro Tampieri, 2021. "Strategy Assortativity and the Evolution of Parochialism," DEM Discussion Paper Series 21-20, Department of Economics at the University of Luxembourg.
    7. Fenske, James & Gupta, Bishnupriya & Neumann, Cora, 2022. "Missing women in Colonial India," CAGE Online Working Paper Series 613, Competitive Advantage in the Global Economy (CAGE).
    8. Wu, Jiabin, 2017. "Political institutions and the evolution of character traits," Games and Economic Behavior, Elsevier, vol. 106(C), pages 260-276.
    9. Wu, Jiabin, 2016. "Political Institutions and Preference Evolution," MPRA Paper 69597, University Library of Munich, Germany.
    10. Jiabin Wu, 2020. "Labelling, homophily and preference evolution," International Journal of Game Theory, Springer;Game Theory Society, vol. 49(1), pages 1-22, March.
    11. Fenske, James & Gupta, Bishnupriya & Neumann, Cora, 2022. "Missing women in Colonial India," The Warwick Economics Research Paper Series (TWERPS) 1402, University of Warwick, Department of Economics.
    12. Jaanika Meriküll & Maryna Tverdostup, 2020. "The Gap That Survived The Transition: The Gender Wage Gap Over Three Decades In Estonia," University of Tartu - Faculty of Economics and Business Administration Working Paper Series 127, Faculty of Economics and Business Administration, University of Tartu (Estonia).
    13. El-Mallakh, Nelly & Maurel, Mathilde & Speciale, Biagio, 2018. "Arab spring protests and women's labor market outcomes: Evidence from the Egyptian revolution," Journal of Comparative Economics, Elsevier, vol. 46(2), pages 656-682.
    14. Fenske, James & Gupta, Bishnupriya & Yuan, Song, 2020. "Demographic shocks and women’s labor market participation: evidence from the 1918 influenza pandemic in India," CAGE Online Working Paper Series 494, Competitive Advantage in the Global Economy (CAGE).
    15. Fouka, Vasiliki & Schlaepfer, Alain, 2017. "Agricultural Returns to Labor and the Origins of Work Ethics," MPRA Paper 78556, University Library of Munich, Germany.
    16. Alger, Ingela & Weibull, Jörgen W. & Lehmann, Laurent, 2020. "Evolution of preferences in structured populations: Genes, guns, and culture," Journal of Economic Theory, Elsevier, vol. 185(C).
    17. Hiller, Victor & Baudin, Thomas, 2016. "Cultural transmission and the evolution of gender roles," Mathematical Social Sciences, Elsevier, vol. 84(C), pages 8-23.
    18. Jean-Baptiste Michau, 2013. "Unemployment Insurance And Cultural Transmission: Theory And Application To European Unemployment," Journal of the European Economic Association, European Economic Association, vol. 11(6), pages 1320-1347, December.
    19. Nunn, Nathan, 2014. "Historical Development," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 2, chapter 7, pages 347-402, Elsevier.
    20. Ennio Bilancini & Leonardo Boncinelli & Jiabin Wu, 2016. "The Interplay of Cultural Aversion and Assortativity for the Emergence of Cooperation," Center for Economic Research (RECent) 121, University of Modena and Reggio E., Dept. of Economics "Marco Biagi".

    More about this item

    Keywords

    preference evolution; marriage market; intergenerational transmission; evolutionary games;
    All these keywords.

    JEL classification:

    • C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:ris:msuecw:2020_001. 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: https://edirc.repec.org/data/edmsuus.html .

    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: Dean Olson III (email available below). General contact details of provider: https://edirc.repec.org/data/edmsuus.html .

    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.