Welcome to Econ 325 Economics of Gender Week 14 Beginning April 30

Monday, April 30 Retune ICA 6 on the CNN Article 1) What has the study found regarding the size of the wage gap between male and female workers? 2) List at least four factors that have contributed toward the wage gap, according to this study.

Return ICA 7 Was graded based on how much you were able to increase your individual welfare, given your constraints.

Let’s look at the market JeremyBryan A.Brian B.ChrisJoshSingle Tian Heidi Emily Single 35476

Who did what? 1.Jeremy went straight for his best choice Total family benefits = 15 Jeremy’s share = 6 When he found out that he was going to lose his wife, he offered his wife one more unit of benefit and drove the competition out.

Who did what? 2. Heidi went straight for her best choice Chris Total family benefits= 18 Heidi’s share= 9 Later, she was offered 9.5 benefits by Josh and she took it

Who did what? 3. Chris went for his best choice Heidi Total family benefits= 18 Chris’s share= 9 Later, he lost Heidi to Josh for 0.5 benefit He could have convinced Heidi to stay if he had offered her 10 benefits and kept 8 benefits for himself Instead, he went back to being single and having 7 benefits.

Who did what? 4. Josh stayed single the first round as he was nobody’s first choice But he managed to marry Heidi in round 2 Family benefits = 16 Josh’s share = 6.5 (better than reaming single)

Who did what? 5. Brian B. stayed single the first round Other rounds? Did not have the energy to approach and negotiate something with women. He could have offered women 0.5 benefits more than they had and end up getting married

Who did what? 6. Emily went for her best choice at first Family benefits = 17 Emily’s share = 8 Stayed married to the same man but the distribution of total benefits changed. Why?

Who did what? 7. Bryan A. went for his best choice at first Family benefits = 17 Emily’s share = 9 Stayed married to the same woman but the distribution of total benefits changed. Why?

Paper presentations About 10 minutes 2-3 presentations Wednesday The rest Friday Before your presentation you will need to meet with me Available times to meet 1.Tomorrow 6:00 PM 2.Tomorrow 6:30 PM 3.Tomorrow 7:00 PM 4.Wednesday 3:00 PM and after 5.Thursday 3:45 and 4:15 PM

Another Marriage Market (Total benefit produced by potential marriage and remaining single) DonaldBillSingle Rosie20105 Hilary1051 Single51

Superior/Inferior Partners Superior male (female) partners can produce more total benefits than male (female) partners no matter who they marry. Who is a superior male (female) partner?

Assortative Mating Tendency to marry someone with roughly similar benefits to offer. Who is going to choose whom to marry? Why?

Suggest a division of benefits Is the marriage stable? Why or why not?

Equal/Unequal Sharing DonaldBill Rosie10 (R),10 Hilary3 (H), 2 Ceteris paribus, the more equal the sharing scheme the more stable the marriage

Bonus ICA Wednesday On Chapter 8

Wednesday, May 2 Bonus ICA In your opinion, what is the main advantage of non-standard jobs for employees? What is the Main advantage of these jobs for employers? Why?

Class Presentations Bryan A. Heidi

Course Evaluation Jacqueline Khorassani Dept: ECON Crs# 325 Sect: 01 Code Sem: SP Year: 07 Don’t forget the optional questions

Friday, May 4 Thanks for meeting 1 hour early Exam 3 Monday at 3 PM Covers PP Notes Assignments

Presentations Chris Josh Brian B, Emily