The Economics of Social Value



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PostPosted: Sun May 10, 2009 7:35 pm 
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I wanted to post this in the general discussion but since i`m newb the site won`t let me so i`ll post it here.

I`ve been getting into pick-up lately and I`m in business school right now learning alot about economics and management theories like leadership, motivation and power&influence theories, and i`ve been tying it into pickup because these are really the 2 subjects i`m passionate right now. Ive developed a broad interpretation of ``value`` from DHV talk and social value in PUA and from how price(value) is determined by the factors that influence supply and demand, so i`ve come up with a few ideas about how a person can be seen as a commodity, as shallow as it might sound, and how these things all relate to each other.

Supply: if you differentiate yourself from others, you decrease the supply of YOU, by limiting the number of people out there like you... social norms and etiquette obviously place limitations, so we must conform to certain standards

Demand: People demand certain qualities in other people, and if you improve those qualities that people value, people will be more inclined to offer you their quantity units of time at the opportunity cost of giving their time to other people.

These 2 things find themselves in equilibrium, so if you decrease the supply of YOU and increase the demand FOR you, you ultimately raise your value just like how prices rise or fall depending on these factors.

This doesn`t necessarily need to be applied to picking up girls, but building a solid social circle by ACTUALLY adding value to your life rather than just demonstrating it temporarily, and making yourself a unique person that others want to be around.

as for power and influence, from what i`ve learned there are 5 sources of power:

Legitimate: the power you get from the consensus of the group, that is naturally assigned to you... it has to be earned through other sources of power but this is the ultimate goal.

Coercive: The power to punish.. i think really the only way to get this is to become a strong dominant male that has the ability to hurt someone. Obviously a gentleman doesn`t exercise this power unless its to defend, but power isnt putting these things in motion its merely the POTENTIAL to put them in motion that creates influence.

Reward: the power to reward people... so complimenting people, laughing at their jokes, respecting them... this will let them know that you can give them rewards that they value, and they`ll have value for you.. but if you overdo it your supply is way too high, diminishing your value lol, it would also come off as insencere

Expert: having knowledge on issues that other people value, tacit knowledge, like how to do things, solve problems, having insight on topics, and also having disposable information on issues people care about (politics, sports, entertainment) that`s why i think studying and keeping up with the news is important for a good social life.

Referent: When people want to be associated with you.. like legitimate power this is gained through other sources of power..

there`s also other stuff like networking power - where you put yourself in a central role of a network and in between networks and people see you as a bridge between social circles...

anyways i know alot of this is banter, i can`t find any economics students that are interested in pick, or any pick up artists interested in economics or management so i haven`t really brought this up to many people haha anyways i jsut thought this would be the place to open my mind and get some responses, let me know what you think.

_________________
get money fuck bitches


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PostPosted: Sun May 10, 2009 8:43 pm 
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Joined: Mon Jul 28, 2008 4:58 pm
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Interesting ideas btw. I suppose i'll run with this whole economical viewpoint
Quote:
Supply: if you differentiate yourself from others, you decrease the supply of YOU, by limiting the number of people out there like you... social norms and etiquette obviously place limitations, so we must conform to certain standards
The higher your percieved value, the more demanded you are. Also you are valuable primarily because there are not many others with as high a value as you have. It is the scarity of people as cool as you that make you high value, if you get what im trying to say.

Demand for you grows exponentially, Demand for you leads to increased demand in the future. Think social proof.

The two characteristics of a public good, non rivalry and non excludability. you want to ensure that your not a public good, because no one values it highly enough, remember, attraction = higher value plus a range of emotions, (credit RSD).
Therefore you want to make yourself somewhat hard to get. not in a stand offish way, but just dont latch onto every girl you see. that takes care of the exculdability.
You want people to demand you, there are many ways to be demanded, but try to demonstrate pre-selection.

Phew, heavy A-level revision going down on this post :)


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