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Personal Introduction Agencies in the United Kingdom : Estimates of an Average Cost Function

Author

Listed:
  • Cameron, S
  • Collins, A

Abstract

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.

Suggested Citation

  • Cameron, S & Collins, A, 1996. "Personal Introduction Agencies in the United Kingdom : Estimates of an Average Cost Function," Papers 84, Portsmouth University - Department of Economics.
  • Handle: RePEc:fth:portec:84
    as

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    Keywords

    SERVICE INDUSTRY;

    JEL classification:

    • L84 - Industrial Organization - - Industry Studies: Services - - - Personal, Professional, and Business Services

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