Economists
love models. Here, I attempt to set up a simple descriptive model I call the
"Love Search" Model.
Let M
(for male) be seeking a quality long-term partner (not trashy one-stands). A
few assumptions have to be made on M. Assume M only chases single girls of an
age close to his. It is also assumed that once an M is attached to a quality
girl, she does not re-enter the market. The model postulates that as M
ages, his possibility of getting attached decreases, until it becomes zero by the time M reaches a certain age
This, of
course, explains not the real world.
- The first few assumptions boldly suggest that no "bastards"* exist. But they do, either as thieves of other Ms quality girls, or poor-maintainers of their own that cause quality girls to return to the market.
- The probability of M getting hitched need not decrease with age if he is willing to marry ever younger girls, and this is commonly so in the real world.
- A wrongful (standard) assumption is the stability of preferences, and this works both from Ms on quality girls and vice versa.
- Asymmetical information on the availability of quality girls (and Ms) means Ms may have no access to quality girls at all.
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