Oofie Doofie theory isn't a theory, it's a cheap cope people have made up in their minds.
The real reason why women date ugly or average men is this:
1.Chads are very scarce within the dating market and IRL (even though PSL autists think they are on every corner of the street). Women are pressured to be in a relationship by their social circle of whores who peer pressure her, and society.
Hence they wouldn't mind dating an average betabux cuck who showers her with gifts, attention, provides etc until chad comes along. These silly cucks are essentially placeholders until high SMV men are available.
2. Some women are indeed scared dating handsome men, due to the fact that they know he has lots of options. They settle for the 'lesser' man, but deep inside down, she craves the chad.