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...

We analyze the medical decision-making process, first from the perspective of a patient and then from the perspective of a health care provider. Using a decision-tree, we describe the different actions a mother can take to treat her daughter, who she suspects has otitis media — an ear...

Recently, Batabyal (1998) has analyzed the nature of the decision making process in arranged marriages. Specifically, he has shown that a marrying agent's optimal policy depends only on the properties of the current marriage proposal, independent of whether there is recall of earlier marriage...

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...

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...

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...