Economists have hitherto neglected the behaviour of the personal introduction agency sector. This paper presents estimates of the average cost function. It is found to have a U-shaped pattern. Average costs are also shown to be higher when the agency guarantees a minimum number of dates and turns away potential clients.
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Paper provided by Portsmouth University - Department of Economics in its series Papers with number
84.
Find related papers by JEL classification: L84 - Industrial Organization - - Industry Studies: Services - - - Personal, Professional, and Business Services