NDLI: Reinterpreting the economics of extramarital affairs

Content Provider	Springer Nature Link
Author	Smith, Ian
Copyright Year	2012
Abstract	The empirical results for the economic variables presented by Fair (J Political Econ 86(1):45–61, 1978) in his seminal study of extramarital affairs are puzzling within his household allocation of time framework. In particular, the theory is unable to accommodate readily the opposite signs for occupation (positive) and education (negative), assuming the wage rate is directly correlated with both variables. This paper provides a new interpretation of Fair’s estimates that accounts for the unexpected education result in terms of the association between schooling and the discount factor applied to expected future sanctions for sexual cheating. Three data sets from the United States, Germany and the United Kingdom are investigated to check the robustness of the partial correlations between infidelity and economic incentives. Taken together, the results across different countries and infidelity measures are substantially in agreement, especially for men. In a novel contribution, this study distinguishes between one off encounters, and irregular and regular forms of infidelity and finds that these are differentially related to occupation and education, consistent with theoretical predictions.
Starting Page	319
Ending Page	343
Page Count	25
File Format	PDF
ISSN	15695239
Journal	Review of Economics of the Household
Volume Number	10
Issue Number	3
e-ISSN	15737152
Language	English
Publisher	Springer US
Publisher Date	2012-05-30
Publisher Place	Boston
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Infidelity Occupation Education Sexual behavior Social Sciences Population Economics Labor Economics Microeconomics
Content Type	Text
Resource Type	Article
Subject	Social Sciences Economics and Econometrics

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
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4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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