Multidimensional Premarital Investments with Imperfect Commitment

被引：0

作者：

Bhaskar, V. ^{[1
]}

Li, Wenchao ^{[2
]}

Yi, Junjian ^{[3
]}

机构：

[1] Univ Texas Austin, Austin, TX 78712 USA

[2] Tongji Univ, Shanghai, Peoples R China

[3] Peking Univ, Beijing, Peoples R China

来源：

JOURNAL OF POLITICAL ECONOMY | 2023年 / 131卷 / 10期

基金：

中国国家自然科学基金;

关键词：

PERFECT EQUILIBRIUM; MARRIAGE;

D O I：

10.1086/724574

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We analyze premarital investments in human capital and housing when individuals are unable to make binding commitments to share their labor income with a prospective spouse. Investments are distorted if there are gender differences in bargaining power over own labor income or marriage market imbalances. Distortions are magnified when ex ante bargaining power favors one sex (e.g., women in China) and ex post bargaining power favors the other (e.g., men in China), since parents of boys will increase housing investments in order to credibly commit to share more resources with the boy's potential wife, possibly crowding out human capital investments.

引用

页码：2893 / 2919

页数：27

共 50 条

[1] Competing premarital investments
Peters, M
Siow, A
[J]. JOURNAL OF POLITICAL ECONOMY, 2002, 110 (03) : 592 - 608
[2] PREMARITAL COUNSELING - A MULTIDIMENSIONAL APPROACH
MCCREADY, RB
[J]. OBSTETRICS AND GYNECOLOGY, 1959, 13 (04): : 420 - 425
[3] Interpersonal commitment and premarital or nonmarital cohabitation
Stanley, SM
Whitton, SW
Markman, HJ
[J]. JOURNAL OF FAMILY ISSUES, 2004, 25 (04) : 496 - 519
[4] Commitment as a Predictor of Participation in Premarital Education
Blair, Jonathan M.
Cordova, James V.
[J]. FAMILY JOURNAL, 2009, 17 (02): : 118 - 125
[5] Bargaining with imperfect commitment
Kambe, S
[J]. GAMES AND ECONOMIC BEHAVIOR, 1999, 28 (02) : 217 - 237
[6] PREMARITAL COITUS AND COMMITMENT AMONG COLLEGE STUDENTS
LEWIS, RA
BURR, WR
[J]. ARCHIVES OF SEXUAL BEHAVIOR, 1975, 4 (01) : 73 - 79
[7] Commitment processes in accounts of the development of premarital relationships
Surra, CA
Hughes, DK
[J]. JOURNAL OF MARRIAGE AND THE FAMILY, 1997, 59 (01): : 5 - 21
[8] Imperfect competition and reputational commitment
Bar-Isaac, H
[J]. ECONOMICS LETTERS, 2005, 89 (02) : 167 - 173
[9] Marriage as a Rat Race: Noisy Premarital Investments with Assortative Matching
Bhaskar, V.
Hopkins, Ed
[J]. JOURNAL OF POLITICAL ECONOMY, 2016, 124 (04) : 992 - 1045
[10] Mathematical modeling of investments at an imperfect capital market
Shananin, A. A.
[J]. TRUDY INSTITUTA MATEMATIKI I MEKHANIKI URO RAN, 2019, 25 (04): : 265 - 274

← 1 2 3 4 5 →