Dear Economist,
Do looks really matter in the dating market? I mean, conventional wisdom holds that they do. But I seem to observe that many plain girls have found their soul mate, while several beautiful ones haven’t. Before I invest time, energy and money into bettering my exterior, could you confirm that it would be wise to do so?
Sincerely, Layla
Dear Layla,
That is a very good question. While your observations are probably right, your conclusion is wrong. Daniel Hamermesh at the University of Texas has researched the topic of ‘looks’ since the early nineties and gives us four important lessons:
1) Finding a spouse does not depend on looking good.
Holding age and education constant, a woman’s looks are completely unrelated to her chances of being married.
However, your observation is true in the short run: the average looking girls will find a match more quickly, because they are approachable by many men. On the other hand, the rarer you are, including in (good) looks, the longer you will have to search to find comparable material.
2) However, the better you look, the more educated (and therefore better earning) your husband will be.
Hamermesh’s key paper finds that looking average or above gets you a husband with one more year of education compared to the below average lookers (other things held equal).
3) It’s worth checking the looks of your beau: in the workplace, looks are more important for men than for women.
Unattractive women make 12% less than attractive women, but unattractive men make 17% less than the attractive ones.
4) Plastic surgery does not pay.
Even with the results above, don’t go overboard. For each dollar spent on the surgery, you get less than a dollar increased in earnings.