The Law and Economics of Marriage Contracts
University of St. Andrews - School of Management
Journal of Economic Surveys, Vol. 17, pp. 201-226, April 2003
Growth in property ownership has raised the stakes in the distribution of financial assets on divorce. Given high risks of marital failure, this has stimulated the demand for private ordering through enforceable marriage contracts. This paper surveys the existing law and economics literature and legal practice to consider the state of knowledge on the economic theory, scope and limits of written nuptial agreements.
Number of Pages in PDF File: 25Accepted Paper Series
Date posted: June 30, 2003
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