Even though economic activities are, to some extent, spatially concentrated because of natural features, economic mechanisms that rely on the trade-off between various forms of increasing returns and different types of mobility costs are more fundamental. On the contrary, they are distributed very unequally across locations, regions and countries. Описание: Economic activities are not concentrated on the head of a pin, nor are they spread evenly over a featureless plane. The book is intended for graduate students in economics and for researchers in other fields interested in the economic approach to the family. The implications for marriage, divorce and fertility are discussed. Matching models with and without frictions are analyzed and the important role of within-family transfers is explained. The second half discusses household formation and dissolution and who marries whom. Particular attention is paid to the collective model and its testable implications. The first half of the book develops several alternative models of family decision making. This book provides a comprehensive, modern and self-contained account of the research in the growing area of family economics. Couples marry and divorce partly based on their ability to coordinate these activities, which in turn depends on how well they are matched. Описание: The family is a complex decision unit in which partners with potentially different objectives make consumption, work and fertility decisions.

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