Personal introduction agencies in the United Kingdom: estimates of an average cost function
Economists have hitherto neglected the behaviour of the personal introduction agency sector. This paper presents estimates of the average cost function. It is found to have a U-shaped pattern. Average costs are also shown to be higher when the agency guarantees a minimum number of dates and turns away potential clients.
Year of publication: |
1998
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Authors: | Cameron, Samuel ; Collins, Alan |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 5.1998, 2, p. 81-83
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Publisher: |
Taylor & Francis Journals |
Saved in:
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