Bloomberg interviewed Paul Oyer, a Stanford Business School Professor, on the relationship between economics and online dating.
Oyer was promoting his new book, Everything I Ever Needed to Know About Economics I Learned from Online Dating, which will be released on January 7th.
The 47-year-old, who is also Editor-in-Chief of the Journal of Labor Economics, recently entered the online dating world and realised that many of the principles attached to the markets, hold true for online dating.
On Bloomberg he speaks about how internet dating is a market of differentiated goods, and that certain economic principles hold true for online dating.
He says that one is more likely to have success where the market is more liquid – i.e. on bigger dating sites.
He said: “There are a stream of people who have certain qualities you want, and the likelihood that you’re going to find somebody who is attractive to you is greater if you have a bigger choice.”
Watch the interview below, and read an interview with Oyer by the San Francisco Chronicle here.
Pre-order Oyer’s book here.