Essay

Comment on Mary Anne Case's Enforcing Bargains in an Ongoing Marriage

Author: Robert A. Pollak (Olin School of Business)

  • Comment on Mary Anne Case's Enforcing Bargains in an Ongoing Marriage

    Essay

    Comment on Mary Anne Case's Enforcing Bargains in an Ongoing Marriage

    Author:

Abstract

The author discusses the article “Enforcing Bargains in an Ongoing Marriage,” by Mary Anne Case, regarding the “love-it-or-leave it” rule in marriage. He states that economic models such as the unitary model and the altruist model of Gary Becker exaggerate the chances that inefficiencies would rise without legal enforceability. Furthermore, the exaggerations are caused by the ignored mechanisms of the models such as the internalized norms, self-help, and non-legal third-party enforcement.

Keywords: Husband & wife, Domestic relations, Law & economics, Divorce mediation, Marital separation, Prenuptial agreements, Nebraska

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Published on
01 Jan 2011