Everything I Ever Needed to Know about Economics I Learned from Online Dating

Oyer



Why we chose this book?
Since 2008, the field of economics has suffered from a range of misconceptions. People all over the world have been grumbling, “What’s the point of having economists if they cannot even foresee—much less prevent—an economic crisis?” Oyer’s book will not turn you into an expert, but it will make economics easier to understand by giving you a basic grasp of relevant, key economic concepts.

Utility, thick vs. thin markets, information asymmetry, rationality, adverse selection, game theory, network externalities… Do you ever feel overwhelmed by the sheer volume of economic concepts? If so, you are going to love the approach of Paul Oyer’s latest book. Economist and professor at Stanford University for over 15 years, Oyer explains economics through his experiences with dating websites. Indeed, when Oyer reentered the “love market” in his forties, he noticed that dating websites functioned in much the same way as market economies. They therefore offer easy-to-understand, often funny examples that explain and illustrate prominent economic theories. And, in case you were wondering, yes, Oyer did end up meeting his soul mate through a dating website!

Everything I Ever Needed to Know about Economics I Learned from Online Dating by Paul Oyer (Harvard Business Review Press, January 2014).

Watch the video :
Paul Oyer: How Economics Can Help You Find Love Online

Paul Oyer explains how Nobel Prize-winning economic theories can help you find true love online in his upcoming book “Everything I Ever Needed to Know About Economics I Learned from Online Dating”.