I can’t believe I missed this!
Last year, Ralph Keeney and Dinah Vernik developed a model that applies decision analysis to the decision of when to have children. Their model balances career, social life and family life in the decision. Their model gave interesting results:
The model suggests that, especially in cases where both family life and career are important to the woman, having a child much earlier may be a better long-term solution than waiting until she is more established in her career.
I agree! Although with two little girls, I am very, very biased.
Their paper appeared in Decision Analysis (Vol. 4, No. 3, p. 114 – 135).
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