@techreport{NBERw0153, title = "Economics of Marital Instability", author = "Gary S. Becker and Elisabeth M. Landes and Robert T. Michael", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "153", year = "1976", month = "October", URL = "http://www.nber.org/papers/w0153", abstract = {This paper focuses on the causes of divorce. Section I developsa theoretical analysis of marital dissolution incorporating uncertaintyabout the outcomes of marital decisions into a framework of utilitymaximization and the marriage market. Section II explores the implica-tions of the theoretical analysis with cross-sectional data,primarilythe 1967 Survey of Economic Opportunity and the Terman sample. Therelevance of both the theoretical and empirical analyses in explainingthe recent acceleration in the U.S. divorce rate is discussed.}, }