Theoretical Economics Letters

Volume 6, Issue 3 (June 2016)

ISSN Print: 2162-2078   ISSN Online: 2162-2086

Google-based Impact Factor: 0.79  Citations  

Making an Arranged Marriage Work: A Game-Theoretic Analysis

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DOI: 10.4236/tel.2016.63046    1,793 Downloads   3,382 Views   Citations

ABSTRACT

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 Nash equilibrium and then argue that this equilibrium is unique. Finally, we delineate an interesting connection between the two best response functions in our model and the corresponding best response functions in the well known two-player Cournot game.

Cite this paper

Batabyal, A. (2016) Making an Arranged Marriage Work: A Game-Theoretic Analysis. Theoretical Economics Letters, 6, 416-419. doi: 10.4236/tel.2016.63046.

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