Wednesday, March 24, 2010

Economics of Marriage

A lesson learnt from Economics class --- Game theory for Marriage.

Game sequence was lined, diagrams and tables were drawn. Elaborated methods were used. And what I got out of the course???

1. There's first mover advantage. Meaning the not so attractive guys who initate will get the better girls. And the girls who are able to flirt with guys get the smart and rich guys.
2. There may not be a stable equilibrium. Hence there's always a 3rd party involved in relationship when the guys see a better and prettier girl, they ditched their current girlfriend. And vice versa of course...
3. Hence, good guys often can end up with the good girls. Those pig end up with another pig.
And the best conclusion is...

*CONCLUSION: No matter how the game is played, those nobody wants one will forever be left behind. :P

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