The Eligible-Bachelor Paradox

You can think of this traditional concept of the search for marriage partners as a kind of an auction. In this auction, some women will be more confident of their prospects, others less so. In game-theory terms, you would call the first group “strong bidders” and the second “weak bidders.” Your first thought might be that the “strong bidders”—women who (whether because of looks, social ability, or any other reason) are conventionally deemed more of a catch—would consistently win this kind of auction.

But this is not true…

Read the article: Game theory explains dinner-party dates

Decision time

So how should we make a decision? The key is something called metacognition, or thinking about thinking. Because the mind is like a Swiss Army knife – it’s stuffed full of different mental tools, each of which is well-suited to a specific situation – it’s essential that we learn how to adjust our thought process to the task at hand.

Read the article: Decision time