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In this note we study a simple game model of effort application by two individuals (1 and 2) who wish to have an arranged marriage. We first specify the net utility function of individual i as a function of this individual's own effort and the effort applied by individual j,i≠j, in three...
Persistent link: https://www.econbiz.de/10012977445
In this note we study a simple game model of effort application by two individuals (1 and 2) who wish to have an arranged marriage. We first specify the net utility function of individual i as a function of this individual's own effort and the effort applied by individual j,i≠j, in three...
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In this note we analyze a simple game model of effort and time investment in an arranged marriage where the goal of the two partners making this investment is to create a better marital relationship. We first specify the best response functions of the two married partners. Next, we solve for the...
Persistent link: https://www.econbiz.de/10012989671
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