More broadly, researchers have shown that there is strong positive assortative mating in terms of physical attractiveness, income, race, education and other traits on dating sites.
We will come back to Addison, Bailey, Chris and Devon regularly, when they will represent people looking for a spouse, employees looking for a job and others needing grouping.
In each case, they can be ordered from highest to lowest and, to keep it intuitive, the ranking will always be alphabetical.
Addison will be the “best” (or Addison and Bailey will be the top) and Devon the “worst” (or Chris and Devon will be the bottom).
Their names were specifically chosen to be androgynous to allow for same-sex or opposite-sex pairings, depending on the context. In the case of dancing (where the people are ordered by dance ability) or law co-workers (where they are ordered by lawyering skills), we have already seen that the Addisons of the world typically pair off with the Baileys.
Dating was now dominated by sites like Match.com, e Harmony, and Ok Cupid. It turns out that dating sites are no different than the markets Oyer had spent a lifetime studying.This pattern of “like mates with like” is much broader than traditional marriages and education, however.Gay couples, lesbian couples and opposite-sex unmarried cohabitating couples are equally similar in terms of education as are married couples.Monster.com, e Bay, and other sites where individuals come together to find a match gave Oyer startling insight into the modern dating scene.The arcane language of economics--search, signaling, adverse selection, cheap talk, statistical discrimination, thick markets, and network externalities--provides a useful guide to finding a mate.Similarly, about 11 percent of the people in these marriages had not completed high school, but more than half of those who had not completed high school were married to another high school dropout.So, if we were to rank our four friends by their education (that is, Addison stayed in school the longest, Devon the shortest), we would be very likely to find Addison married to Bailey and Chris to Devon. In this adaptation of his recent book, “Everything I Ever Needed to Know About Economics I Learned from Online Dating,” Stanford economist Paul Oyer explains how our preferences to be around other people perpetuate our own socioeconomic positions.Oyer’s first post for Making Sen$e – a I am a terrible dancer.She would be frustrated by my reluctance to dance, my inability to keep up with her while dancing, and with having to watch me try.So it would make much more sense for good dancers to date one another and for women who cannot dance to go out with the likes of me.