Stochastic Models of Decision Making in Arranged Marriages

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University Press of America, Jan 1, 2006 - Business & Economics - 101 pages
The central objective of this work is to demonstrate how the theory of stochastic processes and the techniques of stochastic modeling can be used to effectively model arranged marriage settings and to help explain various aspects of the nature of decision-making in arranged marriages. Economists and social scientists more generally will find this book useful when conducting empirical and theoretical research on a subject of considerable importance in contemporary times.

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Contents

Aspects of Arranged Marriages and the Theory of Markov Decision
19
On Decision Making in Arranged Marriages with a Stochastic
37
On the Likelihood of Finding the Right Partner in an Arranged Marriage
57
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About the author (2006)

Amitrajeet A. Batabyal is the Arthur J. Gosnell Professor of Economics at the Rochester Institute of Technology. He earned his Ph.D. in Agricultural and Resource Economics from the University of California at Berkeley. In addition to this book, Dr. Batabyal is the author of three books and dozens of scholarly journal articles.

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