5 Date-Finding Tools Used By Econ Majors
Start writing a post
Arts Entertainment

5 Date-Finding Tools Used By Econ Majors

In the eyes of an analytical economics major, dating becomes a much more rational matter.

5 Date-Finding Tools Used By Econ Majors

Dating can sometimes seem like a daunting task. However, in the eyes of an analytical economics major, dating becomes a much more rational matter.

The film "A Beautiful Mind" demonstrates the benefits of economic knowledge in dating when economist John Nash uses game theory to help all his friends successfully win over a girl at the bar.

However, game theory is not the only tool that economics contributes to the dating game.

1. Random Sampling - Getting to know people


Before you can even start dating, you need to find someone to date. But there are so many people and how do you know which one is right for you? Well, just like the start of any good economic research project you start with a random sample. Basically, you get to know a lot of random people and from there you learn what you like and dislike.

2. Random Assignment - Deciding who to date


Once you've met a lot of random people through random sampling, you then decide who you want to date. Can't choose just one person. No worries you don't have to! You can go out with different people. This is a random assignment. You choose at random who you want to date and who you don't want to date. One date does not mean long-term commitment, so no sweat!

3. Selection Bias - You can’t win them all


Yet, in this model, we will most definitely find selection bias. As much as good economic experiments encourage random assignment in order to avoid correlation, let's be real you are not going to date just anybody. You are going to pick those that you like and like you back. See selection bias. But in this case, it's a good thing.

4. Central Limit Theorem - But that’s all right


The great thing about economics is that it can help overcome any complications to a model. Like I said, selection bias is present but it's not a downfall. That is because we have the Central Limit Theorem. CLT is a wonderful teaching that claims if you do something over and over again enough times you will find out its true value (actually distribution, but you get the gist). So if your date fails, no worries just keeping dating the other fish and you'll eventually end up succeeding.

5. Equilibrium - Everyone will end up with someone


So yes, you will end up succeeding because of CLT but just as important everyone will end up with someone because of equilibrium. In equilibrium, supply must equal demand. Thanks to Adam Smith's invisible hand we know that this happens naturally. So just as long as someone is looking for love, there is someone out there who belongs with them. Who knew Adam Smith was Cupid?

You are now ready to find love thanks to economics.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.

Black Friday is back to being Black Friday

This year, malls are standing up against Black Friday beginning on Thanksgiving. Doors won't be opening until Friday morning.


Last week my twitter feed was full of exclamations of how excited people were that our local mall, Westmoreland Mall would be closed on Thanksgiving Day this year. For those who work during the busy holiday days and hours, a celebration was in order. For the die-hard deal finders and shoppers though, they didn’t seem very happy.

Keep Reading... Show less
Politics and Activism

Is Thrift Shopping *Actually* Ethical?

There's been a recent boom in the popularity of vintage style looks and up-cycling thrifted finds to sell at, usually, an outrageous price. Is this ethical? Or does it defeat the whole purpose of thrifting in the first place?

Is Thrift Shopping *Actually* Ethical?

One day, I was scrolling through Twitter and came across a tweet about upper-middle-class class people thrift shopping. I personally was against the up cycling/re-selling trend because I thought it to be greedy. Then, I began to see more and more tweets, and then stated to see ones about those who buy thrifted, name brand items and sell them for what they're actually worth instead of the very low price they got them for.

Keep Reading... Show less

Holidays With the Family?

Should retail outlets close on holidays so their employees can be with their families?


For the past few years, having stores open on Thanksgiving has become a popular trend. The sales have started earlier on the day known as Gray Thursday. Now, the Mall of America has taken a bold stand and is closing its doors on Thanksgiving. They are very excited in giving the day back to their workers so they can spend time with their family.

Keep Reading... Show less

Black Friday: Explained

Time to question this unofficial corporate holiday.

Flickr/John Henderson

On a personal level, Black Friday has always confused me. Everyone just ate a ton and spent all day with their families—why would we want to go out and vigorously shop, fighting crowds? I totally see why other people want to go do it, but I’ve never quite understood the concept myself. While I’ve been Black Friday shopping once or twice, I don’t get that excited about it unless it’s an opportunity to spend time with family or friends. Don’t get me wrong; I am the queen of bargains. Still, I never seem to have the energy to go out into the jungle of shoppers early the day after Thanksgiving, or even immediately after Thanksgiving dinner. Many people, though—including my loved ones—are enthusiastic about Black Friday shopping, and it seems most other Americans are the same way. So, it’s worth looking at the reasons for this commercially-driven, unofficial American holiday.

Keep Reading... Show less

#OptOutside This Black Friday

I am opting to go outside this Black Friday, and I hope you do so as well.

Ross Woodhall

The day after Thanksgiving has always been regarded by many as the beginning of the Christmas season. While not a federal holiday, many people take off work, spend time at home with their families, and enjoy the beginning of the holiday season. This Friday off turned into a prime opportunity to begin the never-ending chore of Christmas shopping. Soon it became one of the busiest shopping days a year, which companies capitalized on by bringing the best deals of the year to this day we know as Black Friday.

Keep Reading... Show less

Subscribe to Our Newsletter

Facebook Comments