Inefficient Dissolutions as a Consequence of Public Goods: The Case of No-Fault Divorce

@article{Zelder1993InefficientDA,
  title={Inefficient Dissolutions as a Consequence of Public Goods: The Case of No-Fault Divorce},
  author={Martin Zelder},
  journal={The Journal of Legal Studies},
  year={1993},
  volume={22},
  pages={503 - 520}
}
WHEN the Ukraine and other republics effectively seceded from the USSR in 1991, no one questioned whether that secession was socially desirable. After all, this transaction occurred because Russia could not induce the Ukraine to remain within the union. From the perspective of rational social choice, such a secession does not occur unless it is expected to make society better off.' That is, the Ukraine exercised its right to secede because its expected gain exceeded Russia's expected loss from… Expand
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References

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The Impact of Regulation of Marriage, Divorce, and Property Settlements
    The Impact of Regulation of Marriage, Divorce, and Property Settlements, supra note 39