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Business Commons

Open Access. Powered by Scholars. Published by Universities.®

Finance

Journal

2024

Alimony; divorce; educational discrepancy; fairness; selection bias

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Full-Text Articles in Business

Divorced From Knowledge: Perceptions Of Alimony Fairness In Relation To Educational Discrepancies, Michael Kothakota, Jessica Wery Jan 2024

Divorced From Knowledge: Perceptions Of Alimony Fairness In Relation To Educational Discrepancies, Michael Kothakota, Jessica Wery

Journal of Financial Therapy

Spousal support or alimony is a cash transfer from one spouse to another after divorce. The amount awarded might seem arbitrary and unfair to either one or both individuals. The public often does not see the fact patterns associated with alimony awards or agreements, and their input may provide information to policymakers and decision-makers about what a fair amount of alimony might be. This study examines data collected from 1,285 U.S. participants randomly assigned to a vignette condition that details a hypothetical alimony scenario where one spouse supported the other spouse to gain education, resulting in significantly increased income prior …