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Economics of Love

Updated: Jul 14, 2020

Here is the aberrant work of a self proclaimed single af. economist, who tried to define      relationships.


Advisory:

This is not for all the couples who do the "we” talking or have matching lock screens. This is not for those who think that their 'forever’ is a ‘happily ever after’. And definitely not for those couple who act like they are ‘already married’ or ‘can't do with or without’ each other



The Hypothesis:

This is the creative ideology of an economics freak who tried to apply ‘The Law Of Diminishing Marginal Utility’ to relationships. A law that justifies all the crap. A law that explains the whole uncanny concept of love. So here is something put together by the weirdly productive brain.


The Law: Other things remaining constant (Basically your exes). Satisfaction (The feeling of being loved or loving someone) decreases with the increase in consumption (She gets reaaallllly boring)


The Relatable Relation:

The increase in the time spent with one person (say your partner) your satisfaction initially increases. Once it reaches the top it is ought to fall down and later turns negative. (Okay that was way too technical)


Assumptions:

  • Humans are assumed to be “rational” beings. (eye rolls) 

This is the mammoth task of actually making use of the brains we as humans are blessed with. 

  • There is no time gap and consumption is continuous

This is the difficulty we face when we have to be loyal and pretend that you love spending every waking moment together.                                                                                                                                                                                                                                                                               

  • The quantity of consumption remains the same (variety is certainly not the spice of life now)

  • The league of a person remains the same.

This is because some people are just way out of your league

All this just means that every factor that has the potential of changing the standard of a relationship is held constant, obviously from both the ends.



  • Potential helpers to this law are, 

a)The Overwhelmingly accepted Hookup Culture

b)Tinder 

c)Alcohol (ofcourse)




Riya Jetly


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