Abstract
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.
Rational Choice, Marital Satisfaction, Fertility Decline, Fertility Behavior, Rational Choice Theory
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1994
Issue Section:
New Approaches to Fertility Analysis
