Which work with are positive unless the probability of the brand new mate perishing is really large C. Theoretical Factors The high quality monetary theory off wedding implies that people will get married when the electric associated with having a wedding exceeds new energy when unmarried (Becker 1973, 1974). For each widow possess an economic advantageous asset of waiting until she actually is sixty years old so you’re able to remarry, which is the difference in the present discount philosophy of your Social Protection pros to possess marrying afterwards and you can marrying now. The expense of waiting to remarry comes with things such as forgone company as well as the failure to share with you expenditures. The advantage and value are very different with regards to the decades from which the widow is given remarriage. Depending on fulfilling a possible lover, the cost of wishing decrease in addition to…