Benefits of Matchmaking

In the modern society norms towards relationships have changed significantly. In the past, a relationship once formed was expected to last. Nowadays, getting out of a relationship is not restricted by norms.Our model shows how value and a role of matchmaking changed with the changes in society. Using examples of online dating sites, we show that by imposing high cost on participants a matchmaker can provide matches yielding higher expected payoff than the general market. This is true even when the matchmaker has no specific information about the individuals.

Location: 
Elath Hall, 2nd floor, Feldman Building, Edmond J. Safra Campus
Dates: 
Sunday, June 15, 2008 - 16:15 to 18:15
Old Lecturers: 
Hanna Halaburda
Old Lecturers University: 
Harvard Business School