Influence of Over-and Underconfidence on Marriage Market

No 36, Discussion Paper Series from School of Economics, Kwansei Gakuin University

Abstract: This paper is an examination of the influence of an individual’s self-confidence (over- confidence or underconfidence) on others in the marriage market. We consider a model in which there are three types of men and women according to marital charm, and some men/women overestimate/underestimate their own types. The result obtained is that the self-confidence of some single individuals affects not only themselves but also the marital behavior of other rational singles in the market. Furthermore, self-confidence improves the welfare of the economy if there are enough underconfident men/women or if there are sufficiently few overconfident men/women in the marriage market.

Keywords: marriage; search; overconfidence; underconfidence (search for similar items in EconPapers)
JEL-codes: D82 D83 J12 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2008-02, Revised 2008-02
New Economics Papers: this item is included in nep-hap and nep-lab
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http://192.218.163.163/RePEc/pdf/kgdp36.pdf First version, 2008 (application/pdf)

Related works:
Journal Article: Influence Of Over- And Underconfidence On A Marriage Market (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:kgu:wpaper:36

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