Hinge is a local company that has developed a dating application for mobile phones. Both men and women subscribe to the mobile application where they are matched. Besides people liking each other, the ‘value’ of likes has declined over time as many users like each other in the app but do not message each other, let alone meet face-to-face. The company is considering introducing an additional feature on the app, where a signaling mechanism is used. Complete the two tasks below based on the working paper ‘Soohyung Lee & Muriel Niederle (2015) Propose with a rose? Signaling in internet dating markets(No. 17340). National Bureau of Economic Res
Hinge is a local company that has developed a dating application for mobile phones. Both men and women subscribe to the mobile application where they are matched. Besides people liking each other, the ‘value’ of likes has declined over time as many users like each other in the app but do not message each other, […]