Seemingly unrelated activities — like taking a soccer penalty kick or crafting an online dating profile — involve an embedded economics. “Understanding and applying economic logic can be valuable in pretty much any job or any other endeavor in your life,” says Paul Oyer, a professor of economics at Stanford Graduate School of Business.  On this episode, Oyer digs into the shared economic logic of online dating and the labor market, explains why pro athletes and sports fans think like economists, and explores how AI has reduced the beneficial friction that was once a part of job searches. Got a question about the economics of dating, sports, or the job market? Ask us at [email protected] Content:Paul Oyer faculty profileUtility Player: Paul Oyer Explains How Economics Can Make Sports More FunChapters:00:00 Strategic decision-making in air traffic control03:06 Introduction03:27 Why sports are a useful lens for understanding economics09:53 Why economics matters far beyond money10:54 Economics & online14:36 Applications of game theory16:54 How AI is reshaping hiring and the labor market22:25 The labor market challenge economists still have not solved24:18 ConclusionIf/Then, from Stanford GSB, features conversations with faculty that explore how their research deepens our understanding of business and leadership.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.