The theory developed in this paper may be used in numerous search-and-action situations unrelated towards the seek out a intimate partner. The options talked about below exemplify the variety regarding the concept’s applications, and each presents manifestations of adverse selection and low priced talk.
7.1. The usa Army deploys weaponized, remotely piloted aircraft, frequently known by the press as drones. The weaponized drones search remote regions of Afghanistan (along with other places) for possible army objectives satisfying a couple of predetermined characteristics. In the event that pilot (sitting at a control system in Nevada, United States Of America) identifies such a target and receives approval from an expert, the drone’s gun is triggered. The search-and-destroy faculties for this form of armed forces procedure correspond really closely to traits regarding the model that is theoretical of relationship. In this army situation, the use of the concept should look at the marginal price of triggering the tool along with the expenses associated with the two forms of mistakes: (1) the cost(s) of attacking a benign target and (2) the cost(s) of ignoring a possibly dangerous target. Continue reading “7. Application regarding the decision-making theory to situations other than internet dating”