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Fairness and inefficient divorce

Article ID Journal Published Year Pages File Type
9549457 Economics Letters 2005 5 Pages PDF
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
FairnessInequity aversion
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Fairness and inefficient divorce
Authors
Ian Smith,
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Journal
Economics Letters
Journal: Economics Letters
Related Categories
Fairness
Inequity aversion
Economics and Econometrics
Economics, Econometrics and Finance (General)
Finance
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