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Building the family nest: pre-marital investments, marriage markets and spousal allocations

Iyigun, Murat; Walsh, Randall P. - 2005

We develop a model of the household in which spousal incomes are determined by pre-marital investments, the marriage … then enables us to show that, for each couple, the marriage market generates a unique and maritally sustainable sharing …

Persistent link: https://www.econbiz.de/10010267526

Canonical correlation and assortative matching: A remark

Dupuy, Arnaud; Galichon, Alfred - 2012

In the context of the Beckerian theory of marriage, when men and women match on a single-dimensional index that is the …

Persistent link: https://www.econbiz.de/10010289996

Learning from a piece of pie: the empirical content of Nash bargaining

Chiappori, Pierre-André; Donni, Olivier - 2006

Consider a model of bargaining, in which two players, 1 and 2, share a pie of size y. The bargaining environment is described by a set of parameters [lamda] that may affect agents' preferences over the agreement sharing, the status quo outcome, or both. The outcomes (i.e., whether an agreement...

Persistent link: https://www.econbiz.de/10010268107

Does bargaining matter in the small firm matching model?

L'Haridon, Olivier; Malherbet, Franck; Pérez-Duarte, … - 2010

In this article, we use a stylized model of the labor market to investigate the effects of three alternative and well-known bargaining solutions. We apply the Nash, the Egalitarian and the Kalai-Smorodinsky bargaining solutions in the small firm's matching model of unemployment. To the best of...

Persistent link: https://www.econbiz.de/10010274621

Self-Serving Use of Equity Rules in Bargaining with Asymmetric Outside Options

Hennig-Schmidt, Heike; Irlenbusch, Bernd; Rilke, Rainer … - 2013

We experimentally investigate multiple notions of equity in ultimatum bargaining with asymmetric outside options. Building on the generalized equity principle formulated by Selten (1978), we derive three different equity rules that can explain 43% of all offers. Our within-subject design further...

Persistent link: https://www.econbiz.de/10010329126

Self-Serving Use of Equity Rules in Bargaining with Asymmetric Outside Options

Hennig-Schmidt, Heike; Irlenbusch, Bernd; Rilke, Rainer … - Institute for the Study of Labor (IZA) - 2013

Persistent link: https://www.econbiz.de/10010884149

Learning from a Piece of Pie: The Empirical Content of Nash Bargaining

Chiappori, Pierre-André; Donni, Olivier - Institute for the Study of Labor (IZA) - 2006

Consider a model of bargaining, in which two players, 1 and 2, share a pie of size y. The bargaining environment is described by a set of parameters ? that may affect agents’ preferences over the agreement sharing, the status quo outcome, or both. The outcomes (i.e., whether an agreement is...

Persistent link: https://www.econbiz.de/10005233879

Does Bargaining Matter in the Small Firm Matching Model?

L'Haridon, Olivier; Malherbet, Franck; Pérez-Duarte, … - Institute for the Study of Labor (IZA) - 2010

In this article, we use a stylized model of the labor market to investigate the effects of three alternative and well-known bargaining solutions. We apply the Nash, the Egalitarian and the Kalai-Smorodinsky bargaining solutions in the small firm’s matching model of unemployment. To the best of...

Persistent link: https://www.econbiz.de/10008564709

What's the use of marriage?

Cigno, Alessandro - 2009

We use elementary game-theoretical concepts to compare domestic equilibria with and without marriage. In particular, we … examine the effects of marriage legislation, matrimonial property regime, and divorce court sentencing practice, on the … decision to marry, and on the choice of game conditional on marriage. We find that, in the absence of social stigma or legal …

Persistent link: https://www.econbiz.de/10010269649

An Economic Model of Child Custody

Francesconi, Marco; Muthoo, Abhinay - 2003

rights. Because of the presence of transaction costs in marriage, altruistic parents cannot contract upon the investments …

Persistent link: https://www.econbiz.de/10010261582