Abstract
This paper advances the current understanding of marriage markets to include a model of quality signaling. The existing literature describes the division of marital output, but does little to explain the process of estimating a prospective mate’s potential contribution to marital income. Although several traits are readily observable, many of the inputs into marital gains are unseen, until well after marital contracts are constituted. The model below helps to explain optimal marital search behavior, the absence of market clearing, the distinctions between marital search and employment search, and the repercussions of misrepresented and misperceived quality on marital relationships.
Published Version
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