The betting markets reckon Elin Nordgren will shortly divorce Tiger Woods. Considering the experiences of the wives of Shane Warne and Bill Clinton, that seems hasty. Shane Warne's wife tolerated his scandals for years before divorcing him. Australian cricketers do not make as much money as global golf stars, hence, the probability of her receiving a large alimony was low. It would have been rational for someone in her position to try to salvage the marriage and lay aside their emotions. Hillary Clinton had a much lower probability of political success as a divorcee.
I think we should look at economic rather than emotional reasons for divorce. Have I discovered a new canon in marital economics?
Chetan S.
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