Economic theory dating

economic theory dating-58
Using a combination of basic economic principles, demographics, game theory, and number crunching, Jon Birger explains America’s curiously lopsided dating and marriage market among single, college-educated, looking-for-a-partner women.

The ultimate goal is to stop violence before it begins.

Prevention requires understanding the factors that influence violence.

Some of these factors are age, education, income, substance use, or history of abuse.

Prevention strategies at this level promote attitudes, beliefs, and behaviors that prevent violence.

The secretary can produce $0 in legal services and $20 in secretarial duties in an hour. To produce $25 in income from secretarial work, the attorney must lose $175 in income by not practicing law.

Her opportunity cost of secretarial work is very high.This approach is more likely to sustain prevention efforts over time than any single intervention.The first level identifies biological and personal history factors that increase the likelihood of becoming a victim or perpetrator of violence.She is better off by producing an hour's worth of legal services and hiring the secretary to type and organize.The secretary is much better off typing and organizing for the attorney; his opportunity cost of doing so is extremely low. David Ricardo famously demonstrated how England and Portugal both benefit by specializing and trading according to their comparative advantages, Portugal with wine and England with cloth.Nevertheless, they benefit from trade thanks to their comparative advantages and disadvantages.Suppose the attorney produces 5/hr in legal services and /hr in secretarial duties.Specializing and trading along these lines benefits each.People learn their comparative advantages through wages.This drives people into those jobs they are comparatively best at.If a skilled mathematician earns more as an engineer than as a teacher, he and everyone he trades with is better off when he practices engineering.

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