Archive for August 23rd, 2012

Black Swans flocking everywhere

August 23, 2012

A terrific column by Jeff Frankel.

He says August is the time for extreme events which are also called as Black Swans (his blog post has more details):

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How arranged marriage systems cultivates rivalry among sisters…

August 23, 2012

An interesting paper by Tom Vogl on economics of family and sibling rivalry. This kind of research mixes Gary Becker and Al Roth works .

In this paper he looks at this arranged marriage system in South Asia and focuses on households where you have two sisters. In such a household  parents try and marry off their elder daughter quicker to maintain gap between older and younger sister. This helps find a groom for the younger daughter overtime. In the process, elder daughter is cut off early from school but younger gets more time and ends up ebing more qualified etc. The younger also get a groom who is better educated etc.

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