Matching and sorting in online dating american economic review
Online dating takes place in a new market environment that has become a common means to find a date or a marriage partner.According to com Score (2006), 17 percent of all North American and 18 percent of all European Internet users visited an online personals site in July 2006.The authors describe Internet dating sites as having minimal search frictions. ” when probably the user is persistently contacting the most desirable 1% that everyone else is contacting, too.
How does the dating site attract enough single members to attract even more members, yet keep the searching time-efficient and at a reasonable enough cost not to drive users away?However, I did find some interesting material in the paper which I will present in the Discussion section below.Discussion: The authors mentioned "search friction." They said: "sorting along educational attainment might not reflect a preference for a partner of a certain education level, but rather the fact that many people spend much of their time in the company of others with a similar level of education in school, college, or at work." They describe dating sites as being low in search friction: Since people from all educational backgrounds are presented equally on dating sites, singles have equal access to individuals from many different levels of education.My immersive introduction to irrationality took place many years ago while I was overcoming injuries sustained in an explosion.Outof-sample predictions of offline matches, i.e., marriages, exhibit assortative mating patterns similar to those observed in actual marriages.
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However, we underpredict some of the correlation patterns; search frictions may play a role in explaining the discrepancy. I do research in behavioral economics and try to describe it in plain language.