Oyer uses his own experiences and those of other users of dating sites to show just how modern economics works. He lives in Stanford, California, with his two children and his flat-coated retriever, Josie. Dating was now dominated by sites like Match. But Oyer had a secret weapon: economics. It turns out that dating sites are no different than the markets Oyer had spent a lifetime studying. The arcane language of economics--search, signaling, adverse selection, cheap talk, statistical discrimination, thick markets, and network externalities--provides a useful guide to finding a mate.
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Below are the available bulk discount rates for each individual item when you purchase a certain amount. Publication Date: January 07, Conquering the dating market--from an economist's point of view. After more than twenty years, economist Paul Oyer found himself back on the dating scene--but what a difference a few years made. Dating was now dominated by sites like Match. But Oyer had a secret weapon: economics. It turns out that dating sites are no different than the markets Oyer had spent a lifetime studying.
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I recall sharing my experiences with other economists, and we discussed the many amusing ways that concepts in economics infiltrated yet another subject matter: love. In a charming and simple manner, Oyer explores the world of online dating through the lens of economics. The best part of this book is that you do not have to be an economist to understand and explore what economics has to do with love. In fact, Oyer jumps on this opportunity to introduce economics to the non-economist by captivating the reader with one of most interesting and relevant topics: dating markets.
When I set up my dating profile, I was upfront about my teenage children and my sweet but impish golden retriever. I admit it. I left out details — and lied. What led me to be honest on some parts of my profile and not others? We can find the answer in a branch of game theory known as cheap talk.