Fairness and Inefficient Divorce

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    2 Citations (Scopus)

    Abstract

    This paper introduces a new mechanism for inefficient divorce based on fairness concerns. In the event of a shock to divorce utilities, it may be impossible to renegotiate terms to save an efficient marriage if inequity aversion is sufficiently strong. (c) 2005 Elsevier B.V. All rights reserved.

    Original languageEnglish
    Pages (from-to)159-163
    Number of pages5
    JournalEconomics Letters
    Volume88
    Issue number2
    DOIs
    Publication statusPublished - Aug 2005

    Keywords

    • inefficient divorce
    • inequity aversion
    • fairness

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