Saturday, July 02, 2005

Love, the bilateral search

While studing finance, I came across the concept of a bilateral search. This is a search conducted by two people (e.g. a buyer and a seller) who try to seek each other out. A buyer is always looking for a seller and vice versa as the other satisfies their needs. The point is to find the best possible match.

The search ends when either party decides they are satisfied their current candidate is the best; and that the expected additional benefit from the next candidate is less than the cost incurred to search for them. The searcher must also keep in mind that their best candidate may no longer be available later on if they keep searching.

This is synonymous with most people's quest for 'the one'. When do you decide that the person you're with is the best possible outcome of your personal bilateral search? Does the other person feel that you are the best possible outcome of their bilateral search? Or do we settle for what we have and believe we've found the best person for ourselves.

Is it worth risking what you have now to search for another possible Mr/Mrs Right?

0 Comments:

Post a Comment

<< Home