Economics dating sites
One of these is that people now move around more often for work, distancing themselves from friends and family members who could play matchmakers.Another is that they are living longer, and hence more likely to look for new love later in life.
The rise of these and other dating sites has been driven by several trends in society.In countries and cultures in which arranged marriages are common, sites such as India's Shaadi and Bharat Matrimony, which boast many millions of clients, are a big hit with young people who want to influence how their marriage partners are chosen.And a number of sizeable digital matchmakers, including Jiayuan and Zhenai, have risen to prominence in China.If only people approached dating like an economist, he thought, they’d be better off. You’ll hear what Vogt had done right, what Oyer thinks was wrong, and what happens when you update your profile, economist-style. All my Jewish friends talk about being under pressure from mum to meet a good Jewish boy or girl, but they don’t happen to be everywhere, but they’re all over J-Date.Finally, the economist Justin Wolfers points out one of the most revolutionary benefits of online dating — finding matches in traditionally “thin” markets: WOLFERS: So I do think it’s a really big deal for young gay and lesbian men and women in otherwise homophobic areas. And I imagine this is true in other ethnic communities.In a study presented at the American Sociological Association's annual meeting in August, Michael Rosenfeld of Stanford University and Reuben Thomas of the City College of New York reviewed data from a survey of more than 3,000 Americans with romantic partners.
They concluded that among heterosexual couples who met in 2009, the internet had become the third most common way of making initial contact—behind introductions from friends, but almost on a par with encounters in bars and restaurants.
This week’s episode is called “What You Don’t Know About Online Dating.” (You can subscribe to the podcast at i Tunes, get the RSS feed, or listen via the media player above.
You can also read the transcript, which includes credits for the music you’ll hear in the episode.) The episode is, for the most part, an economist’s guide to dating online. ) You’ll hear tips on building the perfect dating profile, and choosing the right site (a “thick market,” like Match.com, or “thin,” like Glutenfree Singles.com? You’ll learn what you should lie about, and what you shouldn’t.
Deepak Kamra of Canaan Partners, an American venture-capital firm that has backed several dating services, including Zoosk and Bharat Matrimony, estimates that the industry's revenues from membership fees and advertising now amount to $3 billion-4 billion a year.
Searching for that special someone In addition to broad-based matchmaking sites such as Match and Zoosk, the online-dating world has also spawned thousands of niche ones.
And certainly there are, it’s enormously easy to match on very, very specific sexual preferences.