Question: Consider two types of divorce laws. Law A allows either the husband or the wife to obtain a divorce without the other persons consent. Law

Consider two types of divorce laws. Law A allows either the husband or the wife to obtain a divorce without the other person’s consent. Law B permits a divorce only if both parties agree to it. Will there be more divorces under law A or law B, or will there be the same number of divorces under both laws? Why?

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The Coase theorem tells us that there would be the same number of divorces under both laws To see th... View full answer

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