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Another study, co-authored by famed behavioral economist Dan Ariely, uncovered similar online-dating preferences."Men and women prefer a high-income partners over low-income partners," the authors wrote in the journal Quantitative Marketing and Economics."This income preference is more pronounced for women."The takeaway: As much as we like to think we are beyond the days of Jane Austen, when suitors were evaluated largely based on how much money they brought in - the famous Mr. " - money can be critical in our romantic lives."Someone's income will almost always factor into the equation," says Douglas Kobak, a financial planner in Conshohocken, Pennsylvania."When you are becoming serious, you need to consider what your partner is bringing to the table besides love and a good time.
Instead, we will explain a little bit about the economics of love—and specifically, what dating has in common with financial transactions. In a dating marketplace, everyone is trying to get the best match they can find.
Somehow, as millions of people each pursue their own best interest, mutually beneficial arrangements result.
Among Americans who identify themselves as “single and looking,” 38 percent say they’ve used a dating site or app to try to meet a match.
But 21 percent of plugged-in Americans still think that “people who use online dating sites are desperate.” (In 2005, 29 percent of them said so.) Even 13 percent of people who date online consider I’d submit that the framework of popular dating sites like and Ok Cupid only contribute to that notion.
Those looking to buy and sell financial assets once crowded onto the streets of Lower Manhattan or the City of London, all coming to one place to engage in trade.
Those are the equivalent of the bars that singles traditionally go to meet other singles. When stock or bond traders are trying to do business in person, it’s hard to be sure that they have canvassed all the potential buyers and sellers to get a good deal—and there might be an even better deal lurking in some other market in another city.
Some of those qualities might be age or attractiveness - and some are financial."Indeed, just go on popular dating sites such as Match.com, and one of the criteria for winnowing down potential matches is annual income.
You can look for someone who makes ,000 a year, or ,000, or 0,000. Well, in one study published in the Journal of Economic Behavior & Organization, which crunched data from a popular Chinese online-dating website, male profiles with the highest income levels got 10 times more visits than the lowest.
And the sites' matching strategies—which connect users based on questions they’ve answered about themselves—rely on a primitive idea of the interplay between digital technologies and human relationships.
They assume that we can just plug our metadata into a computer, run it through an algorithm, scroll through a list of prospects sorted by the mathematical possibility that we'll get along, and find someone.
The question becomes one about the potential to earn the income needed to build wealth and live a lifestyle you want."Just think about the numerous economic judgments we are making while dating online.Tags: Adult Dating, affair dating, sex dating