Overinvestment in Marriage-Specific Capital
We consider the decisions of a married couple in a risky environment. The distribution of spouses bargaining power may change as a consequence of new outside opportunities that are offered to them, so that individual con- sumption may fluctuate over time. This is what we call "bargaining risk&q...
Saved in:
| Main Author: | Donni, Olivier |
|---|---|
| Format: | Paper |
| Language: | English |
| Place of publication: |
2012 |
| Related: |
THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise |
| Data of publication: | 2012 |
| Series: |
THEMA Working Papers |
| Subjects: | |
| Online Access: | available in Bonn? |
| Database: | RePEc RePEc IDEAS Database information Databases - DBIS |