Memento mori

“Memento mori – remember you are mortal.” This is really not big news, all our lives will end. But we are most of the time too good at ignoring it.

See, I have to write about death and mortality today because I am seeing too much of it. The Brussels and Ivory Coast hate attacks, people surprised by a diagnosis of terminal illness, young top-of-the-crop talents taking their own lives, car accidents, and again, diverse health struggles lost, heroically. Always untimely. Sorry for not coming up with a more uplifting topic, but bear with me. Because first, it is Good Friday and death is for a while the theme, and second, because by the end of this blog, I will try to extract some beauty from the setting. Somewhere.

Likely, none of us knows for when God has ordered the taxi, or who the driver is. And we repress thoughts about it successfully. We live as if we live forever. We love as if our relationship will last forever and beyond. It is easy to value today as if we had lots more of them coming, and value it barely more highly than tomorrow. Economists call this intertemporal preferences, or discount rate. For example, with a low rate we don’t discount the future strongly because we are convinced we have lots left. Or we are good at waiting. There are advantages to a low personal discount rate, such as willingness to save, invest, delay gratification, to work hard today for a better tomorrow. Most education aims at instilling these values in children.

But they may not be entirely realistic. In the long run, we are all dead, as Keynes wisely observed. We live moving towards death.
Some people get the news about God’s taxi, its driver and the approximate departure years in advance. It is still shocking news. It changes one’s outlook completely, and often quite painfully. Arguably the more painfully, the less prepared one is. There is a sudden realization of the strength of the will to live. An anger with fate or a higher power, sometimes turning one’s faith bitter. And the fear that the driver may be really unpleasant. And of the radical good-byes. (Radical, but not terminal, I believe.)
Even when the taxi is announced at a point in life that one could consider rich in years, and fulfilled, more often than not it pulls the emotional rug from under people.

My lesson from observing this is to get prepared. To live life, love, friendships, faith and work knowing the road will once end. To cherish every day, to worry a little less, to breathe more deeply, to savor food more, to spend more time with your kids, to give more and hoard less, to hold on to good memories and let go of grudges, to care for one’s time wisely and abstain from things, people and situations that drag.
To take liberties and forget others’ approval. To indulge all those who don’t know this. Simply, to put things into perspective. Many annoyances lose their weight in front of the fact that our stay on earth has an expiry date.

It is still fine to work hard and invest in tomorrow. But it is wiser to plant Lutheran apple trees and take joy in the planting rather than doing it only for the harvest. The apples may well be our offspring’s to enjoy without us, which is also worth it.

Happy Halloween – Why A Little Thrill Is Good For your Love Life

In the early 70s (probably bored by the first oil price crisis) psychologists Donald Dutton and Arthur Aron conducted a series of experiments. First, they sent a group of men down a rickety, wobbly bridge across a scary river. On the bridge, a woman asked them to complete a projective test that involves making up narratives about ambiguous pictures. A similar group of men was sent across a safe and sturdy bridge across a small creek and presented with the same test.

Guess what. The men who experienced the scary bridge produced narratives that were much richer in sexual content than the men on the safe bridge. Also, they called the female researcher back much more often (9 out of 18 vs. 2 out of 16 men). The results were corroborated in a laboratory setting with scary shocks, where the men anticipating shocks produced more sexual narratives and reported being more attracted to a female also present.

Hm. It looks like our hearts and minds are not very good at distinguishing where flutters and butterflies come from. Scary can mean hot. The nearest potential partner becomes more attractive. Feelings get a boo – st.

What can we do with this? Well, as wobbly bridges are rare these days, I would advocate you ride a roller coaster with your love at least once a month. And take advantage of the current season: check out the neighborhood’s scariest displays. No dodging the haunted houses…

How To Heal A Broken Heart? A 5-Step Program

“We broke up”. “It’s over.” “No more.” It can sound so easy. But the hard work sometimes begins right there. If you are done with listening to Sinead O’Connor and a good dose of mourning, and can suffer some humor again, and maybe a fresh outlook, then this article is for you.

What on earth would economists know about this, you may be asking. I must admit, a broken heart is not a topic I would have thought of by myself, but it is one that many friends bring to me these days. So I dug around in the treasure chest of empirical literature and found a few tissues helpful pointers. (Most of them come from Daniel Kahneman’s seminal article in the AER (2003)).

1 Gain perspective. It is not quite as bad as it seems. Human beings experience loss aversion. I.e. we feel a loss of a certain importance more strongly than we would feel a gain of equal importance. In plain English: your sadness without her is bigger than your happiness with her would have been. (Sounds about right?) This is how we humans work.

2 While an end with pain is better than pain without end, your perception may get this wrong. I know it’s hard to believe, but empirically, patients judge the pain of a procedure by the pain they feel at the end. A short procedure that ends with a sharp sting of pain is judged as worse than a much longer procedure with several stings of pain and two sharp stings in the middle. Look back critically: how much *pain* was there already in your time together, which your memory now tries to dismiss?

3 Good riddance indeed. You know, the opportunities you missed while dating your now lost love are likely a bigger loss than losing him now. It will not feel like it. But this is just another way our intuition plays tricks on us. Economists would coldly say ‘out of pocket expenditures are more painful than opportunity costs’. What it really means is that it hurts more to lose an actual mate than missing a good potential mate – even if objectively the latter is the bigger loss. Bottom line: rejoice; you are free to revive the opportunities you had missed in the meantime.

4 Replace the adrenaline and cortisol with endorphines. This advice is not from behavioral economists, but from doctors and experience. Adrenaline and cortisol are hormones caused by stress, such as fear or anger or sadness. Exercise can reduce their levels. Physical activity makes you less stressful. Difficult issues are easier to handle. What is more, exercise produces endorphines that create a sense of peace and pleasure. (Some people call this “runner’s high.”) To be precise, endurance sports are best for this effect: running, rowing, biking, aerobics, for example. For good balance, you may want to throw in something to wind down every other day, such as yoga or pilates.

5 Keep trying. Your past loss has no control over your future success. Meeting good people is a bit like waiting for a taxi, don’t you find? They pass by at rather random intervals. Sometimes you wait and none arrives, sometimes there are lots in parallel lines. The only thing you can predict is that the arrival and departure of one taxi is completely unrelated to the next. In nerdy terms, taxi arrivals follow a Poisson distribution. One arrival (or departure) is no predictor whatsoever of when (or how) the next one will arrive. I would venture that it’s quite similar with dates. Let go of your current pain; it has nothing to do with the next mate.

Men care about (their) children

How many split families do you know where the father plays a role after divorce? How big is that role?  – If your perspective is anywhere near mine, the role probably differs for each case you know. Sometimes by choice, and sometimes, depending on where the couple resided, by law. Not all countries and federal states recognize joint custody.

Researchers recently found out that this custody law not only matters for divorce but also for marriage. Men adjust their behavior depending on the law: whether they marry at all, how many kids they have, if any, and how they behave in marriage. By all appearances, the evidence looks like men gain in bargaining power if they can have joint custody. At least the men that care about kids. On the plus side that means they are more eager to marry, have kids and have them in a marriage, and have less recourse to domestic violence. The catch is that they also divorce more easily once married and keep women at home rather than encouraging them to work.

On balance, not a bad deal for both sides.

Dear Economist, I am shy. How will I find a date?

Shy Person

 

 

 

 

Dear Anonymous,

the answer depends on whether you are a man or a woman. Contrary to received wisdom: if you are a man, you probably do not need to worry. If you are a woman, there is some work to do.

If being shy implies being less well known or popular, shy guys can relax. Recent empirical evidence shows that women are less likely to choose a man that is more popular than they are. On the other hand, men are less likely to choose a woman that is less popular than they are. In other words, if you are a well known woman appreciated by many, you will have more dates. For a man, however, being well known and appreciated by many may backfire. Why exactly, we don’t know. Probably women do not wish to take the risk of having too popular a man, as he may have a large female following and thus struggle with monogamy…and for some reason, women with a large following do not raise this suspicion. Well.

If shy guys can relax, what about shy gals?  – Ladies, you better work a little on your popularity. Get out there, organize events and announce them (get well known), get up to speed on popular topics (sports, restaurants and bars) which guys seem to like, and the effort should pay off.

This finding comes from a study by Michele Belot and Marco Francesconi at Essex University (“Can anyone be the one? Evidence on mate selection from Speed Dating.” 2006) They tracked a group of men and women through a series of speed dating events and examined their reactions to varying encounters. It turned out that women rarely proposed to a man that received more proposals than they did, while the opposite was certainly true.