We employ a stochastic dynamic programming approach to study decision making by an individual wishing to have an arranged marriage. First, we show that this individual never opts out of a voluntarily agreed upon marriage. Second, we demonstrate that our marrying individual uses a reservation...

We employ a stochastic dynamic programming approach to study decision making by an individual wishing to have an arranged marriage. First, we show that this individual never opts out of a voluntarily agreed upon marriage. Second, we demonstrate that our marrying individual uses a reservation...

Even though arranged marriages have been around for quite a while, the economics literature has paid little attention to the nature of decision making in such marriages. Therefore, very little is known about the impacts of alternate decision rules on the spouse selection question in arranged...