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So if we just go into some market where everything is commodity, I don’t know, stocks, or bonds, or something like that, we don’t need to do much searching.We just buy one share of whatever company it is or we just buy one ton of soybeans or whatever it is.Last year, economics correspondent Paul Solman and producer Lee Koromvokis spoke with labor economist Paul Oyer, author of the book “Everything I Ever Needed to Know about Economics I Learned from Online Dating.” It turns out, the dating pool isn’t that different from any other market, and a number of economic principles can readily be applied to online dating. — Kristen Doerer, Making Sen$e Paul Oyer: So I found myself back in the dating market in the fall of 2010, and since I’d last been on the market, I’d become an economist, and online dating had arisen.And so I started online dating, and immediately, as an economist, I saw this was a market like so many others.

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We lived in Princeton at the same time, but we’d never met each other. As I honestly needed to, I put on my profile that I was separated, because my divorce wasn’t final yet.If only people approached dating like an economist, he thought, they’d be better off. You’ll hear what Vogt had done right, what Oyer thinks was wrong, and what happens when you update your profile, economist-style. All my Jewish friends talk about being under pressure from mum to meet a good Jewish boy or girl, but they don’t happen to be everywhere, but they’re all over J-Date.Finally, the economist Justin Wolfers points out one of the most revolutionary benefits of online dating — finding matches in traditionally “thin” markets: WOLFERS: So I do think it’s a really big deal for young gay and lesbian men and women in otherwise homophobic areas. And I imagine this is true in other ethnic communities.The parallels between the dating market and the labor market are so overwhelming, I couldn’t help but notice that there was so much economics going on in the process.I eventually ended up meeting somebody who I’ve been very happy with for about two and a half years now.




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