Singles, EIs and Nobel laureates

This week the Nobel Prize for economics was awarded to three researchers who elaborated the 'search and matching' theories. Specifically, their work explained how market frictions can hinder the smooth functioning of an economy; how supply and demand are matched, where there are transactions or search costs involved.

Eh? I hear you say (Or maybe those are the little voices in my head.. But that's another story)
Well, interestingly enough, one of the applications of the 'principle of voluntary pairing under competitive conditions' is romantic matching. If you are single and struggling to find the love of your life, blame it on those couples who rushed into each other's arms without hanging around long enough. By getting hitched too early, not only we risk to get it wrong, but we also deplete the pool of available singles for perfect pairings. Unless of course we are prepared to accept that some matches are going to dissolve at some point, as we realise that original the search wasn't complete.

This is good news for everybody out there who is in doubt, who is still seeking for The One (or The Two, The Three, The Four), who thought they always got it wrong. They didn't. They just need to patiently keep looking around in order to close the perfect transaction.

You see, there is hope.