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Economic theories can really help you up your dating game.Promoting his recent book “Everything I Ever Needed to Know About Economics I Learned from Online Dating,” Paul Oyer wrote on how economic theories can be applied to the world of online dating.
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After all, even if you have a 1:1 ratio, odds are not everyone in the employee pool will be perfectly suited to one company.
If you increase the pool size, it follows that more of your job candidates will be suited—if not perfectly suited—to a company looking to hire.
It’s the same with dating: For a better shot at what you’re looking for, you have to enter as large of a pool as possible.
Of course, in most cases you won’t be lucky enough to get a 1:1 ratio of people interested in dating each other, but you can always move to a city or neighborhood that’s skewed in your favor.
But if you end up with a high ratio of unattractive, mean or uncouth individuals, the available pool of singles in your dating service will scare away all the good ones.
Since online dating can’t have a forced opt in (thank goodness), maybe it’s best to keep trying your luck for a bit longer in the free pool—it might be where all the good ones are.Or, as Oyer says, you could consider adverse selection when deciding what to disclose to potential partners.Because nothing says “adulthood” like moving across the country to find more single ladies.A simpler suggestion from Oyer is to pick the biggest dating site you can find.This is all about the buyer having more information than the seller.In the insurance world, adverse selection means that a smoker will get more value out of insurance, making them more likely to opt into it, raising premiums for everyone. Consider premium dating services: Those who feel incapable of meeting a partner (in person, or even on a free dating website) for one reason or another are more likely to pay a monthly fee.