The Economics of Finding “True Love”

With Valentine’s Day approaching, The Economist explores the economics behind dating:

DATING is a treacherous business. There may be plenty of fish in the sea, yet many are unhygienic, self-absorbed, disconcertingly attached to ex-fish, or fans of Donald Trump. Digital dating sites, including a growing array of matchmaking apps, are meant to help. Their design owes more to hard-nosed economics than it does to the mysteries of the heart.

In a sense, searching for a mate is not so different from hunting for a job. Jobs, like prospective partners, have their strengths and weaknesses, which makes finding the right one a matter of complicated trade-offs. Such exchanges are different from other transactions, in that both parties must be enthusiastic about the match for it to happen. A supermarket, in contrast, does not particularly care whose wallet it is draining, nor does the power company agonise about whether a customer is worthy of its watts.

http://www.economist.com/news/finance-and-economics/21692926-find-true-love-it-helps-understand-economic-principles-underpinning

 

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