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  • Link ID 1189
    Title The Economics of Love and Marriage
    Description This chapter consists of two parts. The first discusses the economics of marriage; it starts with an analysis of the marriage market and goes on to consider what marriage is and why it exists. The second part of the chapter is devoted to the economics of altruism: the analysis of rational behavior by an individual who values the welfare of another. It demonstrates that altruism, which one might think of as outside of economics, actually fits neatly into economic theory. The result is not merely to accommodate the theory to an important feature of the real world but also to use economics to derive some surprising results about the consequences of altruism.
    Category Love
    Marriage
    Date 05-May-2005
    Contact Name daviddfriedman.com
    Url The Economics of Love and Marriage
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