Jane Schreibman

The Freakonomics Of The Indian Marriage Market

The practice of taking dowry has long been declared a criminal offence. Yet, it shows no signs of abating even in educated families, with the bride’s side continuing to bestow it in the form of cash, gold, luxury cars, apartments and so on to the groom’s eager family. Why is this? Is there any economics behind it? Is dowry like a scarcity rent? Does the relative bargaining position of women vis-à-vis men affect a woman's ability to find her preferred match?