The One

Haley is in a bind and can’t decide who she should spend her life with. Should she stick with Arvin, the successful scientist who has his life together, or should she go with Dylan, her high school boyfriend who is full of fun? Every decision we make, whether we realize it’s economics or not, has tradeoffs. There’s only so much time in our lives and we must make decisions. One of the difficult parts of “matching” is finding the right rate to minimize conflict and maximizing our happiness. Happiness, in this case, is known as interdependent. Her happiness will eventually be a function of her own utility, but also her spouse’s utility.

 

See more: assortative mating, interdependent utility functions, matching, opportunity costs, tradeoffs

Opposite’s Attract

Mitchell complains to Jay about Cam being too nice, and Jay complains to Mitchell about Gloria not liking his dog butler. In the beginning of the scene, the two complain about the actions of their partners and how it imposes a cost on them that they feel their partner is not considering. Jay loves his dog butler, but he also doesn’t want to upset his wife. Cam spends a lot of time helping people and animal, but Mitchell feels it is sometimes a burden.

Jay notes that they are both with people who are very different and that maybe that makes their relationships better. The concept of interdependent utility functions is that people maximize combined utility of a household/relationship even though that means they way not be maximizing their own individual utility functions.

 

See more: , interdependent utility functions