30 March, 2006

the economics of polygamy

At Cafe Salemba, Indonesia’s Aco ponders the economics of polygamy, a rare but permitted practice in the mostly Muslim country.:

University of Michigan’s Ted Bergstrom has an interesting paper on polyginy. Borrowing an approach used by evolutionary biologists, he concludes:

A society that allows polygamy and stable property rights will usually have positive bride prices and some polygynous marriages. In such a society, bride prices will go not to the bride, but to her male relatives and all women be allocated the same amount of resources by their husbands. The greater the amount of material resources available per woman in the society, the higher will be bride prices and the greater the amount of resources allocated to each woman. However, in societies with sufficiently low amounts of resources per woman, instead of positive bride prices there will be dowries, which unlike bridewealth, are paid directly to the newly married couple. In such a society dowries will be of approximately the same size as the inheritance of males who marry.

In plain words, Bergstrom is saying that polygyny is likely to increase the “value” of women. Isn’t that a good thing, ladies?

Here’s more on the debate with econ points of view: Gary Becker (women better off in polyginous society), Tyler Cowen (polygamy makes children worse off), Alex Tabarrok (polygyny good for working women), David Friedman (polygyny good for women, polyandry good for men), Tim Harford (it’s just a math), and Robert Frank (the victims of polygyny are men, not women).

Meanwhile, in Buddhist Thailand, Mr Wichai is having twins.:

2Brides

After Mr Wichai (Tao), aged 24, from Samut Songkram province, who earns his living by dealing in old goods, got married to gorgeous twins Ms Sirintara and Ms Thipawan 22, he vouched his sincerest ‘equal love’ for both of them!

Mr Wichai, just yesterday, 23 March, got married in pompous ceremony to both twins simultaneously. On being interviewed by the Thai Rath reporters, Mr Wichai declared wholeheartedly, that he didn’t see much problem in having to perform tiresome marital duties with two wives.

In the engagement ceremony before the wedding, Mr Wichai successfully offered a dowry of eight baht of gold and 80,000 baht EACH for his lovely darlings. Both families celebrated the marriage with joy and were said to be delighted for the threesome.

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by @ 7:43 pm. Filed under Indonesia, Asia, East Asia, Southeast Asia, Thailand

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