%0 Report %A Bethmann, Dirk %A Kvasnicka, Michael %T A Theory of Child Adoption %D 2012 %8 2012 Jun %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 6689 %U https://www.iza.org/index.php/publications/dp6689 %X Women can bear own children or adopt them. Extending economic theories of fertility, we provide a first theoretical treatment of the demand for adoption. We show that the propensity to adopt a child increases in the degree of own altruism, infertility, relatedness to the child, costs of own child birth, and any adoption-specific monetary return that is received net of the costs of adopting the child. Our model makes several testable predictions which receive empirical support. These include a higher propensity to adopt among infertile adults, relatives, women with high earnings potential, and celebrities. %K children %K fertility %K demand for adoption %K adoption %K altruism