The second half discusses household formation and dissolution and who marries whom. Particular attention is paid to the collective model and its testable implications. The first half of the book develops several alternative models of family decision making. This book provides a comprehensive, modern and self-contained account of the research in the growing area of family economics. Couples marry and divorce partly based on their ability to coordinate these activities, which in turn depends on how well they are matched. Описание: The family is a complex decision unit in which partners with potentially different objectives make consumption, work and fertility decisions.
