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A frictionless market is one that puts together buyer and seller without transaction costs.
In the real world there is no such thing as a frictionless market, but some markets have more friction than others.
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Dan Slater asks whether online dating leads us to value our relationships less and whether that is a problem.
I agree that it's a problem, but it isn't the only problem.The profiles first go through automated screening software, which flags both traits in the profile, such as certain ethnicities, and things that aren't visible in the profile, such as certain IP addresses and even certain passwords that scammers seem to like more than other people.Then a person on staff looks through the flagged profiles and decides whom to ban, Velasquez says.Or rather, it's just a small part of a bigger problem with online dating.And the problem isn't really just a problem with online dating—it's a problem that extrudes from online markets in general: They lack sufficient friction, and paradoxically this is not a good thing.Seeking Arrangement has banned 60,000 profiles in the last 10 months, or about 220 a day.Tags: Adult Dating, affair dating, sex dating