Mean Markets and Lizard Brains by Terry Burnham

Mean Markets and Lizard Brains by Terry Burnham

Author:Terry Burnham
Language: eng
Format: mobi
ISBN: 9780470245248
Publisher: Wiley
Published: 2007-08-03T04:00:00+00:00


For those who are unwilling to divorce, the opportunity cost of marriage is the forgone opportunities with other potential mates. A similar theme is revealed in stories of a mythical culture where women were allowed to have up to three husbands, but where divorce was banned. It was said that women in this culture almost never had a third husband, and when they did, he tended to be extremely handsome. By some calculations, the third husband has the highest opportunity cost in this marriage system because he rules out all future possibilities.



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