Asymmetries in utility functions and marriage decisions: A Ramsey-Koopmans approach

  • Gonzalo Edwards Instituto de Economía, Pontificia Universidad Católica de Chile

Abstract

This paper determines an empirical indicator for the cost of marrying a spouse with a different level of impatience or rate of time preference, and/or a different degree of aversion to intertemporal variability in consumption.  Empirical data from different published sources are used to calibrate the model.

Published
2019-10-16
How to Cite
Edwards, G. (2019). Asymmetries in utility functions and marriage decisions: A Ramsey-Koopmans approach. Economic Analysis Review, 33(2). Retrieved from https://www.rae-ear.org/index.php/rae/article/view/614
Section
Articles