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    Nash equilibrium dating

    This article is the winner of the general public category of the Plus new writers award 2008.

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    More importantly, in a space where the one currency both the members of the dating app has, is attention. The reason behind this is simple, men are spending more currency (attention and time) to find that ideal person on Tinder.Unfortunately, because the number of men is more on the app, the amount of attention an average man would have to spend will keep going up (since the Equilibrium is unbalanced).Nash’s equilibrium is a simple concept that helps economists predict how competing companies will set prices, how much to pay a much-in-demand employee and even how to design auctions so as to squeeze the most out of bidders.This representation does not account for the additional harm that might come from not only going to different locations, but going to the wrong one as well (e.g.he goes to the opera while she goes to the football game, satisfying neither).

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