Online dating economy
Lee Koromvokis: You spend a lot of time talking about the parallels between the job market and the dating market.
And you even referred to single people, single lonely people, as “romantically unemployed.” So could you expand on that a little bit?
Paul Solman: I want to quote a line from Bob Frank’s 1988 book, “Passions Within Reason.” He writes, “People who have participated in dating services are indeed easier to meet, just as the advertisements say, but signaling theory says that, on the average, they are less worth meeting.” Paul Oyer: The online dating market had a hard time getting up and going.
And it was only when we went to this marketplace together, which in our case was JDate, that we finally got to know each other. And I suggested that I was newly single and ready to look for another relationship.
You want the most choice, because what you’re looking for is the best match.