TY - RPRT AU - Bethmann, Dirk AU - Kvasnicka, Michael TI - A Theory of Child Adoption PY - 2012/Jun/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 6689 UR - https://www.iza.org/publications/dp6689 AB - 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. KW - children KW - fertility KW - demand for adoption KW - adoption KW - altruism ER -