Title of article :
Decision making in arranged marriages with a stochastic reservation quality level Original Research Article
Author/Authors :
A.A. Batabyal، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2003
Pages :
5
From page :
933
To page :
937
Abstract :
Recently, Batabyal [1] has shown that when the decision to get married in an arranged marriage is analyzed in an intertemporal and stochastic setting, it is possible that a marrying agent will never get married. This result arises because the marrying agent in [1] maximizes the probability of accepting the best possible marriage proposal. What happens when a marrying agent uses the following decision rule: Get married as long as the quality of a marriage proposal exceeds a stochastic reservation quality level? In this note, we provide an interesting answer to this question. First, we show that the probability of getting married with this decision rule is always positive. Even so, we point out that on average, an agent who uses this decision rule will end up single.
Keywords :
Arranged marriage , dynamics , Reservation quality level , Uncertainty
Journal title :
Applied Mathematics Letters
Serial Year :
2003
Journal title :
Applied Mathematics Letters
Record number :
897597
Link To Document :
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