Fairness and Inefficient Divorce

Ian Smith

doi:doi:10.1016/j.econlet.2004.12.030

Fairness and Inefficient Divorce

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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 language	English
Pages (from-to)	159-163
Number of pages	5
Journal	Economics Letters
Volume	88
Issue number	2
DOIs	https://doi.org/doi:10.1016/j.econlet.2004.12.030
Publication status	Published - Aug 2005

Keywords

inefficient divorce
inequity aversion
fairness

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title = "Fairness and Inefficient Divorce",

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.",

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AB - 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.

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KW - fairness

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JO - Economics Letters

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Fairness and Inefficient Divorce

Abstract

Keywords

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