Why are there singles: Being single in equilibrium as a partner discipline device
Kitae Sohn ()
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Kitae Sohn: University at Albany, SUNY
Economics Bulletin, 2008, vol. 10, issue 10, 1-6
Abstract:
Although people constantly search for partners, there are always some ones who are left as singles. This paper provides a simple model to demonstrate that this can happen even in the environment most conducive to partnership, when monitoring infidelity is not perfect. The intuition is that, when having a partner is preferred to being single, being single can be used as a discipline device to prevent infidelity.
Keywords: Partner (search for similar items in EconPapers)
JEL-codes: D8 J6 (search for similar items in EconPapers)
Date: 2008-07-03
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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-08j60004
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