Economics dating sites
But that’s when Strayed and Almond brought in Stanford economics professor Paul Oyer, whose 2014 book Everything I Ever Needed to Know About Economics I Learned From Online Dating chronicled his return to the dating scene as a single, 50-year-old man, which he came to understand as being much like the markets he’d spent a career studying.
Oyer had three observations about the behavioral economics of being (heterosexually) Give up on the idea of finding your soul mate, or risk being “romantically unemployed.” Oyer — who was once an unhappily single man — has this advice for hopeless romantics: “You can’t hold out for the perfect man.
And so I started online dating, and immediately, as an economist, I saw this was a market like so many others.
The parallels between the dating market and the labor market are so overwhelming, I couldn’t help but notice that there was so much economics going on in the process.
podcast, hosts Cheryl Strayed and Steve Almond read a letter from a 34-year-old single urban woman who bemoans the fact that good guys seem to be “scarce,” wondering if she will have to “settle” with someone.
From Oyer’s economics perspective, this is a simple problem of supply and That’s why online dating really is a godsend for single people hunting for a relationship.I eventually ended up meeting somebody who I’ve been very happy with for about two and a half years now.The ending of my personal story is, I think, a great indicator of the importance of picking the right market. We work a hundred yards apart, and we had many friends in common.They couldn’t find a job for a while, and then it becomes a fulfilling prophecy.Employers see you’ve been out of work for a year, and they make an assumption that you’re a lemon, when in fact, you just had bad luck.