An efficient marriage market develops ‘‘shadow’’ prices to guide participants to marriages that will maximize their expected well-being. These prices… - Gary Becker

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An efficient marriage market develops ‘‘shadow’’ prices to guide participants to marriages that will maximize their expected well-being. These prices, central to the analysis in this chapter and the subsequent one, are responsible for the more powerful implications found in these chapters than in traditional discussions of marriage. Some other approaches are evaluated in Chapter 4.