Probably more salient towards the problems of internet dating than adverse selection may be the nagging issue posed by inexpensive talk. Inexpensive talk means interaction that is (1) costless (there are not any out of pocket expenses), (2) non-binding (it doesn’t restrict strategic alternatives at all), and (3) ex ante unverifiable (it can not be confirmed with a party that is third such as for instance a court). 16
A registrant in a dating internet site can participate in low priced talk to impunity, at minimum as much as the full time of the face-to-face conference. Misrepresentation and falsification that is outright considered to be endemic to internet dating internet sites. One publication (Whitty, 2007 ) described registrants of online dating services as “… quite strategic within their online presentation. ” The writer of this publication d 2007 ) and Rudder ( 2010 ). 17 this sort of social behavior is a good example of the financial concept of low priced talk.
All users of online sites that are dating the situation posed by low priced talk. Cheap-talk models address issue of exactly how much information can be credibly sent whenever communication is direct and costless. Leer más