Old Money, the Nouveau Riche and Brunhilde's Marriage Dilemma

Anne-Kathrin Bronsert, Amihai Glazer and Kai Konrad

VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy from Verein für Socialpolitik / German Economic Association

Abstract: This paper proposes a screening approach to explain why dating is associated with purchasing status products and conspicuous gift giving. A potential bride searching for a husband may seek to screen candidates whose income is only partially observable. Taking into account that she also bears part of the screening costs, she can sort candidates by offering a menu of contracts that triggers but also constrains conspicuous consumption.

JEL-codes: D82 D83 J12 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc14:100385

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