Bargaining and Distribution in Marriage
Shelly Lundberg and
Robert Pollak
Journal of Economic Perspectives, 1996, vol. 10, issue 4, 139-158
Abstract:
The standard economic model of the family is a 'common preference' model that assumes that a family maximizes a single utility function and implies that family behavior is independent of which individuals receive income or control resources. In recent years, this model has been challenged by game-theoretic models of marriage that do not impose 'pooling' and are, therefore, consistent with empirical evidence that income controlled by husbands and wives does have different effects on family behavior. In this paper, the authors review a number of simple bargaining models and relevant empirical evidence, and discuss their implications for distribution within marriage.
JEL-codes: J12 (search for similar items in EconPapers)
Date: 1996
Note: DOI: 10.1257/jep.10.4.139
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Citations: View citations in EconPapers (513)
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Persistent link: https://EconPapers.repec.org/RePEc:aea:jecper:v:10:y:1996:i:4:p:139-58
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