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A dynamic and stochastic analysis of decision making in arranged marriages

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  • Amitrajeet Batabyal

Abstract

In a recent paper, Batabyal (Theory and Decision, 1997) has analysed the decision making process in arranged marriages. In particular, Batabyal shows that a marrying agent's optimal policy depends only on the nature of the current marriage proposal, independent of whether there is recall of previous marriage proposals. In this paper, this line of enquiry is continued by focusing on the decision problem faced by a marrying agent who wishes to maximize the probability of getting married to the best possible person. Inter alia, it is shown that this agent's optimal policy calls for waiting a while, and saying yes to the first candidate thereafter.

Suggested Citation

  • Amitrajeet Batabyal, 1999. "A dynamic and stochastic analysis of decision making in arranged marriages," Applied Economics Letters, Taylor & Francis Journals, vol. 6(7), pages 439-442.
    • Handle: RePEc:taf:apeclt:v:6:y:1999:i:7:p:439-442
    DOI: 10.1080/135048599352952
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    Cited by:

    1. Xuemei Liu, 2007. "Optimal dynamic path of effort on marriage: differences between arranged and love marriages," Applied Economics Letters, Taylor & Francis Journals, vol. 14(1), pages 49-52.
    2. Amitrajeet Batabyal, 2009. "The optimal reservation utility in models of decision making in arranged marriages," Applied Economics Letters, Taylor & Francis Journals, vol. 16(17), pages 1695-1698.
    3. Batabyal, Amitrajeet A., 2001. "On the likelihood of finding the right partner in an arranged marriage," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 30(3), pages 273-280, May.
    4. Vaillant, Nicolas G. & Harrant, Valérie, 2008. "Determinants of the likelihood of finding the right partner in an arranged marriage: Evidence from a French matchmaking agency," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(2), pages 657-671, April.

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