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A Goods Characteristics Model of the Hedonic Ageing Equation: Evidence from a French Marriage Bureau

Author

Listed:
  • S. Cameron
  • N. Vaillant

    (UMR CNRS 8179 - Université de Lille, Sciences et Technologies - CNRS - Centre National de la Recherche Scientifique)

Abstract

The present paper adopts a modelling perspective derived from goods characteristics analysis [Lancaster (1971)] and the general ideas of transactions costs. This is implemented in estimated equations, which feature the age of partner sought as the dependent variable and own age and various other personal characteristics, and characteristics desired in a partner, as the right-hand side variables. The results show a very strong relationship between age and desired partner age. More interestingly, the coefficient on partner age is statistically significantly less than one. This implies a growing gap in the market as the participants grow older as they will be unable to find a suitable match unless they are able to bring a sufficiently increasing stock of other assets to compensate for their own increased age. We also find the male partner age coefficient to be significantly lower than that for females. This conforms to the findings of Cameron and Collins (1997) using a radically different data set.
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Suggested Citation

  • S. Cameron & N. Vaillant, 2006. "A Goods Characteristics Model of the Hedonic Ageing Equation: Evidence from a French Marriage Bureau," Post-Print hal-00186420, HAL.
    • Handle: RePEc:hal:journl:hal-00186420
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    Cited by:

    1. Nicolas Vaillant, 2004. "Discrimination in matchmaking: evidence from the price policy of a French marriage bureau," Applied Economics, Taylor & Francis Journals, vol. 36(7), pages 723-729.
    2. Véronique Flambard & Nicolas Vaillant & François-Charles Wolff, 2011. "Dating as Leisure," Chapters, in: Samuel Cameron (ed.), Handbook on the Economics of Leisure, chapter 9, Edward Elgar Publishing.
    3. Vaillant, Nicolas G. & Harrant, Valérie, 2008. "Determinants of the likelihood of finding the right partner in an arranged marriage: Evidence from a French matchmaking agency," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(2), pages 657-671, April.
    4. Vaillant, Nicolas G., 2004. "Estimating the time elapsed between ending a relationship and joining a matchmaking agency: Evidence from a French marriage bureau," Journal of Economic Psychology, Elsevier, vol. 25(6), pages 789-802, December.

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