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Mariage and trust

by Rowthorn, Robert
Series: Working paper series ESRC Centre for Business Research . 113 Published by : University of Cambridge | ESRC Centre for Business Research (Cambridge ) Physical details: 61 p. Subject(s): Fusão de empresas | Confiança | Aspectos económicos | Competitividade | Flexibilidade | Enquadramento legal Year: 1998
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Item type Location Call number Copy Status Date due
Documento de trabalho Documento de trabalho Instituto Superior de Economia e Gestão
ISEG (iseg)
Serial 168//113 (Browse shelf) 1 Sem empréstimo

Using ideas from studies of business relationships, this paper examines the role of marriage as an institution for providing couples with the confidence to make long-term investments in their relationship. No-fault divorce has weakened the notion of marriage as a contract, thereby reducing the security offered by marriage and promoting opportunism by men. Current legal reforms will improve the economic position of divorced wives, inter alia encouraging opportunism by women. The paper argues that a return to fault-based divorce represents the only way to achieve parity between men and women and deter opportunism by either sex.

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