Economics is Everywhere - Even on a date


This video does not contain any dating advice but rather a number of possible scenarios that people may encounter whilst on a date. The post offers an analysis of these scenarios as well as the economic concepts supporting this analysis.

Economics can be applied to so many areas. In previous videos I have looked at a work day and a trip to the supermarket. In this video I will look at how economics can be applied to going on a date. Areas covered in the video include:

  • Where to go on a date
  • What to talk about on a date
  • Who should pay for the bill?
  • Should the date be extended?
  • Should an attempt be made to get another date?

The economic concepts applied/suggested in regards to going on a date are also discussed in this video. These concepts are as follows:

  • Game theory – battle of the sexes
  • Game theory – repeat the game
  • Imperfect information
  • Risk

I hope you enjoy the video.

For a more detailed written explanation of how economics can be applied to going on a date check out my other post which is available at:
https://steemit.com/economics/@spectrumecons/economics-is-everywhere-going-on-a-date

The official Spectrum Economics website can be accessed at: https://www.spectrumecons.com

For more exciting videos go to my YouTube channel at https://www.youtube.com/channel/UCILwyLtjl7ZTlYOqFkAwLzw

You can find me on LinkedIn at: https://www.linkedin.com/in/waynedavies-spectrumecons/

You can find me on Facebook at: https://www.facebook.com/SpectrumEconomics/

You can find me on Steemit at: https://steemit.com/@spectrumecons

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12 Comments
Ecency