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demonstrate that our marrying individual uses a reservation utility to determine which marriage proposal to accept. Third, we … profit maximization implies that all matchmaking firms offer marriage proposals whose utility equals the reservation utility …
Persistent link: https://www.econbiz.de/10013121473
demonstrate that our marrying individual uses a reservation utility to determine which marriage proposal to accept. Third, we … profit maximization implies that all matchmaking firms offer marriage proposals whose utility equals the reservation utility …
Persistent link: https://www.econbiz.de/10013123426
Persistent link: https://www.econbiz.de/10001601757
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Even though arranged marriages have been around for quite some time, economists have paid little attention to the nature of decision making in such marriages. Therefore, we know very little about the efficacy of traditional methods of decision making in arranged marriages. Given this state of...
Persistent link: https://www.econbiz.de/10014124977
The notion of a reservation quality or utility is a key feature of Batabyal’s (2003a) recent analysis of decision … making in arranged marriages. In this model, the magnitude of the reservation utility has a non-trivial impact on the … decision to accept or decline a marriage proposal. Even so, Batabyal (2003a) treats the marrying agent’s reservation utility as …
Persistent link: https://www.econbiz.de/10014045893
The notion of a reservation quality or utility is a key feature of Batabyal's (2003a) recent analysis of decision … making in arranged marriages. In this model, the magnitude of the reservation utility has a non-trivial impact on the … decision to accept or decline a marriage proposal. Even so, Batabyal (2003a) treats the marrying agent's reservation utility as …
Persistent link: https://www.econbiz.de/10014028548
Even though arranged marriages have been around for quite some time, economists have paid little attention to the nature of decision making in such marriages. Therefore, we know very little about the efficacy of traditional methods of decision making in arranged marriages. Given this state of...
Persistent link: https://www.econbiz.de/10014127609
alien animal or plant species. To outline an appropriate policy response, we first use renewal theory to construct a …
Persistent link: https://www.econbiz.de/10011373835
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