Long-Term Partnership Formation: Marriage And Employment  

Oleh:

Burdett, Kenneth ; Coles, Melvyn G.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Economic Journal (EBSCO) vol. 109 no. 456 (Jun. 1999), page 307-334.
Topik: marriage; partership; formation
Fulltext: 307.pdf (384.56KB)

Isi artikel

Of course, marriage and employment are different. Nevertheless, a worker looking for a job, a ®rm looking for worker, or a single person looking for a marriage partner face similar problems as all are seeking a long-term partner. Indeed, forming long-term partnerships is a common occurrence in life. There are many other examples ± business people search for other business people to form a pro®table relationship, bridge players seek to ®nd a suitable partners, students search for a good university, we would all like to ®nd a good friend, etc. The problem becomes signi®cant if there are substantial differences in the return obtained from forming a partnership with different partners. For example, employers differ in the wages they offer, or in the work environment they provide. In such a situation a worker may reject some job offers. Similarly, as many have learned to their cost, some make better marriage partners than others.

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