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:
  • Zhang, Hanzhe

    () (Michigan State University, Department of Economics)

  • Wu, Jiabin

    () (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

  • Zhang, Hanzhe & Wu, Jiabin, 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. 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.
    2. 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.
    3. 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.
    4. 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.
    5. Seema Jayachandran, 2015. "The Roots of Gender Inequality in Developing Countries," Annual Review of Economics, Annual Reviews, vol. 7(1), pages 63-88, August.
    6. 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.
    7. Sethi, Rajiv & Somanathan, E., 2001. "Preference Evolution and Reciprocity," Journal of Economic Theory, Elsevier, vol. 97(2), pages 273-297, April.
    8. 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.
    9. 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.
    10. Guido Tabellini, 2008. "The Scope of Cooperation: Values and Incentives," CESifo Working Paper Series 2236, CESifo Group Munich.
    11. Jonathan Newton, 2018. "Evolutionary Game Theory: A Renaissance," Games, MDPI, Open Access Journal, vol. 9(2), pages 1-67, May.
    12. 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.
    13. Wu, Jiabin, 2017. "Political institutions and the evolution of character traits," Games and Economic Behavior, Elsevier, vol. 106(C), pages 260-276.
    14. Gannon, Kim & Zhang, Hanzhe, 2019. "An Evolutionary Justification for Overconfidence," Working Papers 2019-4, Michigan State University, Department of Economics.
    15. Rogers, Alan R, 1994. "Evolution of Time Preference by Natural Selection," American Economic Review, American Economic Association, vol. 84(3), pages 460-481, June.
    16. 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.
    17. Guido Tabellini, 2008. "The Scope of Cooperation: Values and Incentives," The Quarterly Journal of Economics, Oxford University Press, vol. 123(3), pages 905-950.
    18. 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.
    19. 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.
    20. Michael Kremer, 1997. "How Much does Sorting Increase Inequality?," The Quarterly Journal of Economics, Oxford University Press, vol. 112(1), pages 115-139.
    21. repec:hrv:faseco:33077826 is not listed on IDEAS
    22. Wahhaj, Zaki, 2018. "An economic model of early marriage," Journal of Economic Behavior & Organization, Elsevier, vol. 152(C), pages 147-176.
    23. repec:hrv:faseco:30703972 is not listed on IDEAS
    24. 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)

    More about this item

    Keywords

    preference evolution; marriage market; intergenerational transmission; evolutionary games;

    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: (Dean Olson III). General contact details of provider: http://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 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.

    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.