Dating, Marriage, and the Costs of Search
The Answer Is Transaction Costs
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The Benefits of Marriage on the Spot Market
Being married for most people is a happier state than not being married. Garrison Keeler had a theory where he claimed that marriage was like a bank account. What if it's possible to purchase the benefits of marriage on what we might call the spot market? We could just negotiate one-off transactions and get some of the benefits ofmarriage.
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