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In most times and places, women on average marry older men. The authors suggest a partial explanation. If the economi c roles of males are more specialized than those of females, the desirability of a female as a mate may become evident at an earlier age than is the case for males. Males with...
Persistent link: https://www.econbiz.de/10005734910
The authors analyze a dynamic game between consumers and the sole seller of a durable good. Unlike previous analyses, they assume that there exists a finite collection of buyers rather than a continuum. None of the main conclusions of the literature on durable-goods monopoly survives this change...
Persistent link: https://www.econbiz.de/10005735193