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With a personalyou can read up to articles each month for free. Already have an ? Log in. Log in through your institution. I present in this paper the skeleton of a theory of marriage. The two basic assumptions are that each person tries to do as well as possible and that the "marriage market" is in equilibrium.

With the aid of several additional simplifying assumptions, I derive a of ificant implications about behavior in this market. For example, the gain to a man and woman from marrying compared to remaining single is shown to depend positively on their incomes, human capital, and relative difference in wage rates. The theory also implies that men differing in physical capital, education or intelligence aside from their effects on wage ratesheight, race, or many other traits will tend to marry women with like values of these traits, whereas the correlation between mates for wage rates or for traits of men and women that are close substitutes in Married woman looking sex Gary production will tend to be negative.

The theory does not take the division of output between mates as given, but rather derives it from the nature of the marriage market equilibrium.

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The division is determined here, as in other markets, by marginal productivities, and these are affected by the human and physical capital of different persons, sex ratios that is, the relative s of men and womenand some other variables. Current issues are now on the Chicago Journals website. Read the latest issue. One of the oldest and most prestigious journals in economics, the Journal of Political Economy JPE presents ificant and essential scholarship in economic theory and practice.

The journal publishes highly selective and widely cited analytical, interpretive, and empirical studies in a of areas, including monetary theory, fiscal policy, labor economics, development, microeconomic and macroeconomic theory, international trade and finance, industrial organization, and social economics.

Since its origins in as one of the three main divisions of the University of Chicago, The University of Chicago Press has embraced as its mission the obligation to disseminate scholarship of the highest standard and to publish serious works that promote education, foster public understanding, Married woman looking sex Gary enrich cultural life.

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Today, the Journals Division publishes more than 70 journals and hardcover serials, in a wide range of academic disciplines, including the social sciences, the humanities, education, the biological and medical sciences, and the physical sciences. Journal of Political Economy.

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Custom alerts when new content is added. Abstract I present in this paper the skeleton of a theory of marriage. Journal Information Current issues are now on the Chicago Journals website.

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Publisher Information Since its origins in as one of the three main divisions of the University of Chicago, The University of Chicago Press has embraced as its mission the obligation to disseminate scholarship of the highest standard and to publish serious works that promote education, foster public understanding, and enrich cultural life.

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