Marriage according to economic approach
Economic claims as the study of social science that deals with the ways in which men and societies seek to satisfy their material needs and desires (Albert Rees 1968). It’s quite a very confident definition I believe.
In the middle of my lonely-studying-night, I find an interesing paragraph excerpted from the book ”The economic approach to human behavior” wrote by Gary S. Becker (1976).
“According to the economic approach, a person decide to marry when the utility expected from marriage exceeds that expected from remaining single or from additional search for a more suitable mate. Similarly, a married person terminates his (or her) marriage when the utility anticipated from becoming single or marrying someone else exceeds the loss in utility from separation in utility from separation, including losses due to physical separation from one’s children, division of joint assets, legal fees, and so forth.”
My husband once said that, “One should marrying someone just right before the marginal utility of the relationship of the two persons begins to diminish.” In this term, my husband also uses an economic approach in defining the decision of marriage. But what happened to us was, I am quite sure, that at the time he proposed me to marry him, we didn’t even have the so called special relationship yet. We worked as colleagues at the office at that time, nothing was really special.
We didn’t even have the special utility from our relationship, except the utility to finish the job as perfect as possible as a team. Suddenly, his proposal, came on one sunny afternoon while I was in Makassar doing some research, changed everything between us. It happened right one week before Ramadhan three years ago. I couldn’t explain very clear why was at that time I had a unique happy feeling for being proposed by this guy-from-the-office. The stories went very fast following the short message that afternoon. And 4 months after that proposal, we got married in a small mosque near my neighborhood. I’d like to admit here that it is a love marriage afterall!
Can some economists explain me about this phenomena?
