Economic Models of Marriage

Economic models of marriage analyze the relationship between individuals through the lens of decision-making and resource allocation. They suggest that people choose partners based on factors like economic stability, compatibility, and shared goals, similar to making investments. The models consider how individuals weigh the benefits of partnership—such as shared income and emotional support—against potential costs, like personal freedom. By viewing marriage as a partnership or contract, these models help explain various aspects of relationships, including mate selection and the division of labor within households, highlighting how economics influences personal life choices.