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The Importance of Gifts in Marriage
Authors:Allen M Parkman
Institution:Parkman:;Regents'Professor of Management, Anderson School of Management, University of New Mexico, Albuquerque, NM 87131. Phone 1–505–277–5222, Fax 1–505–277–7108, E-mail
Abstract:In this article, a new element is introduced into the household production function: gifts. Gifts occur when spouses use their time and/or incomes to produce commodities that usually only have value to their spouse, such as empathy and understanding. The difficulty of identifying a potential mate's capacity to produce gifts prior to marriage and of negotiating for them during marriage is argued as having contributed to the increase in the divorce rate. Evidence is provided that women are the spouses most likely to seek a divorce and part of their motivation is an inadequate receipt of gifts during marriage.
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