Marriage Markets and Intermarriage: Exchange in First Marriages and Remarriages

Drawing on data from the American Community Survey, we compare patterns of assortative mating in first marriages, remarriages, and mixed-order marriages. We identify a number of ascribed and achieved characteristics that are viewed as resources available for exchange, both as complements and substitutes. We apply conditional logit models to show how patterns of assortative mating among never-married and previously married persons are subject to...