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.
Keywords:SERVICE; INDUSTRY (search for similar items in EconPapers) JEL-codes:L84 (search for similar items in EconPapers) Date: 1996
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More papers in Working Papers from Portsmouth University - Department of Economics Address: U.K.; University of Portsmouth; Department of Economics, Locksway Road, Milton, Southsea Hants PO4 8JF, UK Contact information at EDIRC. Series data maintained by Thomas Krichel ().
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