sex economics = sexconomics
I was glancing through a book on the economics of sex.its contents were hillarious. Here is a brief summary.
SEX IS A COMMODITY.(It could be bought and sold)
the price of sex depends on its value
sex could be sold by (1) prostitutes(2) frequent dates and calls professing love and courting (3) marriage
in the early nintees, no girl would let you in except you get married to her. Marriage was a prerequisite for sex.
Sex was more valuable than marriage.
Result ; more marriage less sex.
Men get married before 27years.
Today, prostitutes are the cheapest. Marriage is the most expensive.
Value of marriage(bride.price) is more than price charged by prostitutes
law of demand ; increase in price(monetry value) , less demand.
Reduction in marriage rate is high
men shy away from marriage.
Increase in price of A lead to increase in demand of substitute commodity B
men now patronise prostitutes instead of getting married.
1) BAN ON SUBSTITUTE(PROSTITUTE)
BAN ON ibeto cement ( foreing) led to monopoly of dangote cement .
Can prostitution be banned? No? Attempts have foiled.
reduce cost of marriage.
Can villagers stop charging heavily for brideprice? Maybe but not in igboland
can ladies stop considering money before getting married? Impossible
2) increase in price ofsubstitutes
let the price of prostitution icrease more than marriage.
all members must be registered
govt should charge registration fee
prostitution institution should be built
institute should be empowered to train intending members on art of prostitution
members trained after 1year should be certified patronisable after paying training fee
all members must wear Id card on duty for identification
only registered and certified members should be patroniced.
This will make prostitutes charge high for sex
more price reduces demand for sex.
Men begin checking cheaper substitute- marriage.
Men start getting married since marriage becomes cheaper than sex.
Click Sex sex sex