Are dating websites for losers online dating site for rich men
We lived in Princeton at the same time, but we’d never met each other. As I honestly needed to, I put on my profile that I was separated, because my divorce wasn’t final yet.
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.
Well, from an economist’s perspective, I was ignoring what we call “statistical discrimination.” And so, people see that you’re separated, and they assume a lot more than just that.
I just thought, “I’m separated, I’m happy, I’m ready to look for a new relationship,” but a lot of people assume if you’re separated, you’re either not really — that you may go back to your former spouse — or that you’re an emotional wreck, that you’re just getting over the breakup of your marriage and so forth.
People made the assumption back in the 1990s when online dating started that anybody who went to an online dating site was a loser who could not meet people the old-fashioned way.
And only over time, as it became so obvious that the efficiencies of meeting people online were so overwhelming, did that stigma slowly break down, and the non-losers began to come onto online dating sites, and the assumptions people made that you were a loser if you were an online dating site began to go away.
Paul Oyer: Thick markets have a downside – that is, too much choice can be problematic.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.It had a hard time getting critical mass, because there was an adverse selection problem initially.And those frictions are what leads to unemployment.That’s what the Nobel Committee said when they gave the Nobel prize to economists Dale Mortensen and Christopher Pissarides for their insight that frictions in the job market create unemployment, and as a result, there will always be unemployment, even when the economy is doing really well. By the same exact logic, there are always going to be plenty of single people out there, because it takes time and effort to find your mate.