Economic theory dating

Posted by / 06-Nov-2017 21:58

Economic theory dating

The situation at the bar is an example of a game: the boys are the players and the actions they may choose (either "go for the blonde" or "go for a brunette") are called strategies.

Each boy has to decide what to do without knowing what the others will do.

There exists obvious strategic interaction among the players.

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Nash received the 1994 Nobel Prize in Economics for pioneering a revolutionary theory.Also, you’ll learn just how awful a person can be and, if you’re attractive enough, still reel in the dates.First you’ll hear Stephen Dubner interview Alli Reed, a comedy writer living in Los Angeles, who conducted an experiment of sorts on Ok Cupid: So she created a fake profile for a woman she called “Aaron Carter Fan” (Aaron Carter, for the uninitiated, is the younger brother of a Backstreet Boy.) Reed loaded her profile with despicable traits (see the whole list below) but used photos of a model friend. (For more, see Reed’s article “Four Things I Learned from the Worst Online Dating Profile Ever.“) Oyer hadn’t thought much about online dating until he re-entered the dating scene himself after a long absence and was struck by the parallels between the dating markets and labor markets. Vogt opened up his Ok Cupid profile to let Oyer dissect and, theoretically, improve it.People are complex, and the reasons why we do or don’t hit it off with one another can be unpredictable.But as with any complex market, there are some underlying principles to dating, and certain commonalities that are exposed when you look beyond your own experiences.

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We thought we’d examine the theories put forward by economists as to how dating work, and then compare that to the reality.

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