Police are warning online love-seekers to be careful after a Nanaimo, B.
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The other earns X dollars per year and is less attractive than 9 out of 10 people on the market.
Every other observable characteristic about these two people is identical.
The problem with this approach is that people either lack self-awareness or tend to not to be very honest in their answers.
This doesn’t just apply to the question of race but about other characteristics as well.
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If women didn’t care about looks and only cared about money, the figure would be much, much lower.
That is, looks really matter to men relative to income.
For women though, if the man in the bottom ten percent in terms of looks earns more than 8,500, they will prefer him over the more attractive guy earning ,000.
An economist could look instead at people who are already married and try to determine their preferences that way, but this doesn’t work very well either. Suppose I have evidence that women with breasts that are smaller than average are more often married to men who are below average height.
Does this information tell us that small-breasted women prefer shorter men? One possible alternative is that all women prefer taller men and that taller men prefer large-breasted women.