An economic consideration of same-gender marriage and fertility.

Abstract

"This paper is an extension of Gary Becker's economic theory on families and marriage with particular attention to same-gender marriage and family formation. Summary discussion of several concepts central to the economics of the family as they relate to same-gender family formation are considered.... First, this article will present a general discussion of marriage markets and decisions and rationales for cohabiting or marrying. Second, the economic gains to marriage for both homosexual and heterosexual couples will be examined. Third, fertility alternatives and demand for children by same-gender couples will be considered. The article concludes with a discussion of future outcomes and policy implications relating to gay and lesbian marriage and fertility." The geographical focus is on the United States.