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As Good as Married? A Model of Premarital Cohabitation and Learning
Padma Rao Sahib1; Xinhua Gu2
2013-07-01
Source PublicationJOURNAL OF MATHEMATICAL SOCIOLOGY
ISSN0022-250X
Volume37Issue:3Pages:133-158
Other Abstract

This article develops a two-sided search-matching model with imperfectly observed types and sequential learning. We use the metaphor of premarital cohabitation and assume that it is initiated to learn more about one's prospective spouse. We show that couples match within classes and that the classes of cohabiting and married couples partially overlap. Couples are more discriminating about whom they marry than whom they cohabit with. We demonstrate that cohabiting individuals eventually learn each other's true type. We show that sequential learning during cohabitation reduces signaling errors and that the Bayes estimator of true type converges almost surely to true type. As noisy information is filtered over time, the risk of mismatch disappears and the aggregate matching pattern based on true types is restored.

KeywordBayesian Learning Imperfect Information Marriage Premarital Cohabitation Two-sided Search-matching
DOIhttps://doi.org/10.1080/0022250X.2011.597013
Indexed BySSCI
Language英语
WOS Research AreaMathematics ; Sociology ; Mathematical Methods In Social Sciences
WOS SubjectMathematics, Interdisciplinary Applications ; Social Sciences, Mathematical Methods ; Sociology
WOS IDWOS:000320753500001
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Cited Times [WOS]:4   [WOS Record]     [Related Records in WOS]
Document TypeJournal article
CollectionFaculty of Business Administration
DEPARTMENT OF FINANCE AND BUSINESS ECONOMICS
Corresponding AuthorPadma Rao Sahib
Affiliation1.Faculty of Economics and Business, University of Groningen, Groningen, The Netherlands
2.Faculty of Business Administration, University of Macau, Macau, China
Recommended Citation
GB/T 7714
Padma Rao Sahib,Xinhua Gu. As Good as Married? A Model of Premarital Cohabitation and Learning[J]. JOURNAL OF MATHEMATICAL SOCIOLOGY,2013,37(3):133-158.
APA Padma Rao Sahib,&Xinhua Gu.(2013).As Good as Married? A Model of Premarital Cohabitation and Learning.JOURNAL OF MATHEMATICAL SOCIOLOGY,37(3),133-158.
MLA Padma Rao Sahib,et al."As Good as Married? A Model of Premarital Cohabitation and Learning".JOURNAL OF MATHEMATICAL SOCIOLOGY 37.3(2013):133-158.
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