Friday, March 13, 2015
Economics of Online Dating
I had difficulty determining if today's discussion was about the Stable Marriage Problem or online dating, so I'm going to go ahead and tackle both at once. If we can indicate each person's preference for their partner as a single value, then it is trivial to solve the Stable Marriage Problem. In order to apply this to online dating, we need only evaluate each person's preference for another person as a single number. Though crude, a simple "How much money would you spend (for a genie to) make this person fall in love with you?" would suffice: it gives us a precise value for how much one person prefers another. Simply apply this metric across the entirety of online dating and bam, done. Its great how markets can solve things like this.