Business Daily
Selling Romance
Jan 23, 2019
Economist Paul Oyer, historian Moira Weigel, and Scruff CEO Eric Silverberg discuss the intersection of economics and romance. They delve into the pitfalls of being too picky in dating, the commodification of love in modern dating, and the impact of dating apps on the LGBTQ+ community.
18:34
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Quick takeaways
- Online dating apps prioritize signaling genuine intentions for quality matches.
- Dating apps balance connectivity benefits with potential drawbacks of addictive usage and commercialization.
Deep dives
Economics of Online Dating
The episode delves into the economics of online dating, highlighting how principles such as signaling play a crucial role. Signaling involves conveying genuine intentions to potential partners, and apps like Coffee Meets Bagel limit matches to enhance quality over quantity. The discussion also touches on the efficiency of dating algorithms in reducing search costs and maximizing match compatibility, emphasizing the impact of online platforms on modern dating dynamics.
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