A theory of the value of children.
This paper uses a non-standard value assumption--uncertainty reduction--to explain parenthood. We begin by reviewing the inadequacies of normative and standard rational choice explanations of shifts in fertility behavior. Then we propose a theory of the value of children based on the uncertainty-reduction assumption. Next we generate a range of hypotheses that follow both from this assumption and from a subsidiary assumption of marital solidarity enhancement. Finally, we explore the extent to which implications based on these new ideas are supported by the relevant empirical literature.
Friedman
D
D
University of Washington.
Hechter
M
M
Kanazawa
S
S
D000293:Adolescent; D000328:Adult; D002648:Child; D002675:Child, Preschool; D002755:Choice Behavior; D003431:Cross-Cultural Comparison; D005191:Family Characteristics; D005260:Female; D006801:Humans; D007207:Individuation; D007223:Infant; D007231:Infant, Newborn; D007389:Internal-External Control; D008297:Male; D008393:Marriage / Q000523:psychology; D010287:Parent-Child Relations; D016487:Parenting / Q000523:psychology*; D012945:Social Values