Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
9549457 | Economics Letters | 2005 | 5 Pages |
Abstract
This paper introduces a new mechanism for inefficient divorce based on fairness concerns. In the event of a shock to divorce utilities, it may be impossible to renegotiate terms to save an efficient marriage if inequity aversion is sufficiently strong.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Ian Smith,