To Tie the Knot or Not
This paper introduces imperfect information, learning, and risk aversion in a two sided matching model. The model provides a theoretical framework for the commonly occurring phenomenon of cohabitation followed by marriage, and is consistent with empirical findings on these institutions. The paper ha...
| Format: | Article |
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| Language: | English |
| Published: |
Max Planck Institute for Demographic Research
2002-05-01
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| Series: | Demographic Research |
| Subjects: | |
| Online Access: | http://www.demographic-research.org/volumes/vol6/13/ |