We all kind of know how the game works, and some people are better at it.A quick primer on game theory: Game theory is a branch of applied mathematics that is used in the social sciences, most notably in economics, as well as in evolutionary biology, engineering and military strategy. Using these examples, anyone looking for an opposite (or same sex) can exit once they find the right person.Finding a spouse is a game, a serious and sometimes high risks (high reward I hope) game.We are looking at different types of network behavior (the high demand princess, the career type, the girl next door and the appearance-over-substance-and-insecure type etc. At a bar or party, you have certain disadvantages, like you know nothing about the person other than what they look like and what they like to drink, you can’t talk to each other because it’s too noisy, and you’re under pressure to make a good impression fast or else the person’s attention might stray elsewhere. Without hooking up, your only real alternative is to navigate the hideous and awkward realm of the first date, the first kiss, the first acknowledgment to the person that you “like them like them,” and all the other painfully vulnerable moments that accompany pre-sexual romantic behavior.
We apply the notion of Nash Equilibrium, first, to some more coordination games; in particular, the Battle of the Sexes.
He graduated valedictorian in high school and went to Duke University, where he met Stephanie in a game programming class.
Mat Pat had some decent success as a stage actor, but quit as he and Stephanie were financially struggling and had no luck getting a new job.
What advice an economist can provide for online dating service by applying game theories?
Watching these love birds on the beach, I started to think about game theory and love.