Difference between revisions of "Economic definition of true love"

From edegan.com
Jump to navigation Jump to search
imported>Ed
imported>Ed
Line 33: Line 33:
 
====The Brad Pitt Problem====
 
====The Brad Pitt Problem====
  
Rational preferences aren't sufficient to guarantee that <math> T \ne \{\emptyset\}<math>.
+
Rational preferences aren't sufficient to guarantee that <math> T \ne \{\emptyset\}</math>.
  
 
Recall that a preference relation is rational if it is complete and transitive:
 
Recall that a preference relation is rational if it is complete and transitive:

Revision as of 16:29, 25 February 2012

Current Availability

I'm afraid that Ed is currently unavailable for dating at this time. Exceptions to this can be made if you have a Math(s) Ph.D.

That said, if you genuinely believe:

[math]p\left(You \cap The\,One \ne \{\empty\}\,|\,First\,Glance\right) \gg 0[/math]

then please stop by my office (F533) at the Haas School of Business (map) at your earliest convenience.

Future Availability

Please check back for updates.

True Love

Definition

Let [math]H[/math] denote the set of all entities (perhaps Humans, though we might also include dogs, cats and horses, according to historical precedent).

Let [math]T[/math] denote the set of pairs of individuals who have True Love, such that:

[math]\forall\{i,j\} \in T: \quad (i \succ_j h \quad \forall h \ne i) \and (j \succ_i h \quad \forall h \ne j), \quad h \in H \cap \{\emptyset\}[/math]

Note that:

  • The definition employs strict preferences. A polyamorous definition might allow weak preferences instead.
  • The union with the empty set allows for people who would rather be alone (e.g. Tiny Fey), provided that we allow a mild abuse of notation so that [math]i \succ_{\{\emptyset\}} h[/math]. The inclusion of the empty set is not necessary with weak preferences as then we can allow [math] i \succsim_i i[/math] without violating the definition of the preference relation.

The Existance of True Love

Can we prove that [math] T \ne \{\emptyset\}[/math] ?

The Brad Pitt Problem

Rational preferences aren't sufficient to guarantee that [math] T \ne \{\emptyset\}[/math].

Recall that a preference relation is rational if it is complete and transitive:

  1. Completeness: [math]\forall x,y \in X: \quad x \succsim y \;\or\; y \succsim x[/math]
  2. Transitivity: [math]\forall x,y,z \in X: \quad \mbox{if}\; \quad x \succsim y \;\and\; y \succsim x \;\mbox{then}\; x \succsim z[/math]

Also recall the definition of the strict preference relation:

[math]x \succ y \quad \Leftrightarrow \quad \quad x \succsim y \;\and\; y \nsuccsim x[/math]