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Please, marry me!: An experimental study of risking a joint venture

Werner Güth (), Radosveta Ivanova-Stenzel and Sigve Tjøtta ()

No 1999,92, SFB 373 Discussion Papers from Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes

Abstract: Empirical studies in family economics usually rely on questionnaires, statistical or panel data. Here we try to study experimentally some crucial aspects of engaging in a marriage. First the female partner can end the relationship or suggest one of the two forms of joint venture. Whereas a full engagement relies on more specialization, but makes her more exploitable by the male partner, a low engagement is less productive, but also fairer. More specifically, the random profit of a joint venture is allocated by ultimatum bargaining in case of a full engagement whereas demands are determined simultaneously in case of a low engagement. Partners interact anonymously. In the repetition the two partners in a matching group of four participants are exchanged. Our treatment variables are her and his outside option value representing gender specific investments in human capital.

Date: 1999
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Journal Article: Please, Marry Me! An Experimental Study of Risking a Joint Venture (2004) Downloads
Working Paper: Please, Marry Me! An Experimental Study of Risking a Joint Venture (2000)
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