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You’re looking for someone who will in turn choose you.
Because going out and meeting people is costly and difficult.
Whereas, searching through online profiles can be fairly efficient.
And you had some really great examples of everything from Korean dating sites to high end law firms on how people do this, or law clerkships.
And I’m just wondering when you think about ways to signal interest in a way that will reflect well on you and result in a positive outcome, as you call it in the book maximum utility or maximum happiness, what were some of more effective approaches that you saw?
Download this podcast SARAH GREEN: Welcome to the HBR Idea Cast. I’m talking today with Paul Oyer, Professor of Economics at Stanford’s Graduate School of Business. SARAH GREEN: So Paul, I’d like to just kick off by talking a little bit about the economic concept of search costs.
He’s the author of the book, Everything I Ever Needed to Know About Economics I Learned from Online Dating. Can you just maybe describe what the concept is and how you’ve applied it to this idea of looking for a life partner?
PAUL OYER: Well, in everyday life, we’re always going around making decisions and some of those decisions are very costly.
So when I go to the grocery store, if I spend a lot of time scanning the shelves, I could be doing other things.
So how does that kind of mutual choosing option kind of mix things up?Tags: Adult Dating, affair dating, sex dating