Property Rights and the Economics of Divorce

Simon Clark

Edinburgh School of Economics Discussion Paper Series from Edinburgh School of Economics, University of Edinburgh

Abstract: With examples drawn from English and Scots law, this paper sets up a simple framework to analyse the role of property and dissolution rights in determining divorce decisions. Although firmly based on the economic analysis of choice and bargaining, the discussion is relatively non-technical and directed at drawing out implications for public policy. In particular the paper emphasises the importance of the laws on alimony and property division after divorce in affecting not only divorce decisions but also the allocation of resources within surviving marriages.

Pages: 26
Date: 1998-10
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