Yong J. Yoon

Bride Price, Circumstance-Contingent Repayment, and Marital Investment in China: A Two-Stage Investment and Nash Bargaining Model

This paper develops a two-stage investment-and-bargaining model of marital behavior under circumstance-contingent bride-price repayment in China. In Stage 1, spouses simultaneously choose relationship-specific investments in a non-cooperative game. In Stage 2, after investments a...