Hypothesis I haven't seen mentioned yet: contraceptive pills affect women's tastes in men. Specifically, the ideal of male attractiveness for young women has shifted away from older, more rugged stereotypically masculine "successful" older man, to, well, Zac Efron.
By no means the only hypothesis, there are many good ones mentioned already, I just didn't see this one and it's plausible that it's at least a contributing factor.
Why don’t men go for younger women? That’s not quite accurate, because they do, but we seem to have a cultural norm against girls who have recently exited puberty, even though they are highly fertile. Some time in the last few hundred years, we reached a cultural norm that as a man gets older, it’s increasingly less appropriate for him to be with a sixteen year old. That’s not long enough to override thousands of years of evolution, so what could have contributed to it?
The best solution I’ve heard started by looking at who benefits from this norm [older women] and wondering whether they could have contributed to it. After all, the strength of this norm has been increased in the last sixty years or so, which coincides with the period in which women’s power has increased.
One alternative I heard recently is that it doesn’t make sense biologically to go for women who are recently post-pubescent, as they don’t make the best mothers. Instead, a slightly older woman [mid-twenties] makes sense to be the best mother. This is perfectly plausible.
Another, less plausible, suggestion I’ve heard is that it’s to do with mental capacity. I find this unconvincing because we have few objections to a high-status man dating a beautiful but low-intellect woman.
Thoughts?