#129. The Economics of Love.

Something interesting found. Enjoy.

The Economics of Love
Here are some of the stuff I found pretty crapped but true to large extent:

1. Assuming people fall in love because the total benefit of being in love outweighs the total cost of being in love. So the probability of falling in love is related to your perception of the probability of net benefit resulting from being in love.

Your Love for Love Interest = Love Interest's Love for You
Your Love for Love Interest = Your Net Benefit of Being in Love + Your Emotional + Availability + Your Past Love Experiences


Love Interest's Love for You = Love Interest's Net Benefit of Being in Love +
Love Interest's Emotional Availability + Love Interest's Past Love Experiences

Once in love, you both work to maintain a state of equilibrium, where your love for lover is equal to your lover's love for you.

2. Search Cost of Love
Finding your soulmate requires you to spend time, money, and energy to find him/her. The equation for search cost is:
search cost = your attractiveness +
social networking skills +
search time cost +
search financial cost

3. Total Benefit of Current Love
When love ends, all benefits of that love are lost.

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Alright, the econs seminar @ NTU today was pretty good though I felt pretty cheated. The professors kinda gave us quite a quick overview of some of the areas which I might get to look into if I'm given the opportunity to offer the degree. Haha, lotsa things learn, quite fun, quite tired but worth it.

K, I needa go off and rest now cos tmr's gonna be a long day with trg and dragonboating. Woohoo, dragonboat, here I come!!!

Goodnight me.
Goodnight everyone!