Marriage and trust: some lessons from economics

@article{Rowthorn1999MarriageAT,
  title={Marriage and trust: some lessons from economics},
  author={Robert E. Rowthorn},
  journal={Cambridge Journal of Economics},
  year={1999},
  volume={23},
  pages={661-691}
}
  • R. Rowthorn
  • Published 1 September 1999
  • Economics
  • Cambridge Journal of Economics
This paper examines the role of marriage as an institution for providing couples with the confidence to make long-term investments in their relationship. No-fault divorce has undermined the notion of marriage as a contract, thereby reducing the security offered by marriage and promoting opportunism by men. This has weakened the bargaining power of wives, both within marriage and when divorce occurs. Current legal reforms will improve the economic position of all divorced wives, including those… 
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