Matching theory evolved from an earlier framework called 'search theory'.
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For all online daters—and for anyone else swimming in the vast sea of the information economy—this book uses Oyer’s own experiences, and those of millions of others, to help you navigate the key economic concepts that drive the modern age.2.5 stars I shouldn’t have ignored the negative tilt to the reviews of this awkwardly-titled book, but the concept was interesting and so I read it anyway.
It’s a quick read, with only 215 pages of text followed by endnotes and an index, and the writing is fairly engaging. It does explain some concepts from microeconomics, using examples from online dating as a starting point before seguing into other examples.
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.com, e Harmony, and Ok Cupid. It turns out that dating sites are no different than the markets Oyer h 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.
Each chapter brings up a concept from economics (like signaling) and then gives examples of it in online dating and other contexts, like job hunting, buying a car, etc.
The concepts don't seem very adva It seems like everyone is a little disappointed with this book: if they wanted dating advice, it had too much economics; if they wanted economics, it had too much goofy discussion of online dating.
And there’s not a lot of substance on the online dating portion either.
Meanwhile, the author seems to have this relentless desire to put a positive spin on everything, as if he feels that economics sometimes leading to bad results would make the field of study somehow less worthwhile.
Genius is taking a complex concept and relating it to an audience in such a way that they would understand it and remember it. It is also refreshing that Paul Oyer unabashedly uses his own experiences of online dating to teach us the basics of economics.
The book does not just use online dating as a model, though.
(For simplicity, we are ignoring the entry of new workers into the labor force, and death or retirement of old workers, but these issues can be accounted for as well.) Suppose we write the number of workers employed in period as a fixed constant.