To define marriage as a market, Gary Becker made two assumptions: marriage must be __________, and there must be _______.

Question

Quizplus · Accepted Answer

Gary Becker's economic approach to marriage includes the assumptions that marriage must be voluntary and that there must be competition for spouses. This framework allows for the analysis of marriage through the lens of market theory, where individuals have preferences and compete to make the best possible match.

To Define Marriage as a Market, Gary Becker Made Two