کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
480028 1446062 2013 9 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Partnership formation with age-dependent preferences
موضوعات مرتبط
مهندسی و علوم پایه مهندسی کامپیوتر علوم کامپیوتر (عمومی)
پیش نمایش صفحه اول مقاله
Partnership formation with age-dependent preferences
چکیده انگلیسی

We analyze a model of partnership formation in which players’ preferences are based on the age of a prospective partner. There are two classes of individuals, called for convenience here male and female. Males and females are fertile for the same length of time, normalized to one unit. A male enters the mating pool at age 0 and meets prospective partners according to a Poisson process. At equilibrium, he accepts a female if the utility from mating exceeds the expected utility from future search, which depends on the acceptance strategies of all males and females and the corresponding steady-state distribution of age in the pool of unmated individuals. Females face an analogous problem. Mating pairs are only formed by mutual consent and individuals leave the pool of unmated individuals on finding a mating partner or reaching the age of 1. A policy iteration algorithm is used to determine the equilibrium acceptance strategies and the corresponding steady-state distribution of the age of individuals in the mating pool. Two examples are presented.


► We model partnership formation where preferences are based on age.
► We define new concepts and procedures for deriving the equilibria of such games.
► We present conditions under which the equilibrium is described by a threshold rule.
► The corresponding distribution of the ages of searchers is derived.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: European Journal of Operational Research - Volume 225, Issue 1, 16 February 2013, Pages 91–99
نویسندگان
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