Truncation in the Matching Markets and Market Inefficiency

Abstract

The Robert Schuman Centre for Advanced Studies (RSCAS), created in 1992 and directed by Brigid Laffan since September 2013, aims to develop inter-disciplinary and comparative research and to promote work on the major issues facing the process of integration and European society. The Centre is home to a large post-doctoral programme and hosts major research programmes and projects, and a range of working groups and ad hoc initiatives. The research agenda is organised around a set of core themes and is continuously evolving, reflecting the changing agenda of European integration and the expanding membership of the European Union.

Analysis of the Human’s Matching Preferences in the Market Matching

“…This indicates that women are in an advantageous position in the dating market. Moreover, they will carry out a strategy that might be compared to "truncation" [6], that is, when they have more choices, they will take the initiative to narrow down the matching range and screen more high-quality matchmakers. In reality, people usually look for their preferred candidate in the "dating corner" and decide whether to make further contact after a period of time, and the time cost of this process is very high.…”