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Table 1 reports the matches of two-stage models with and without heterogeneous decision rules (latent classes) and models that allow for conventional representation of continuous covariates (i.e., no splines). According to standard fit metrics, the proposed model with five latent classes for both men and women fits the data better than all nested models (e.g., homogeneous and linear utility) and nonnested ones with polynomial representation of continuous covariates, and these differences are statistically significant. To safeguard against overfitting, we also assess goodness of fit using a holdout sample comprising 181 men and 318 women who joined the site after the estimation period. These out of sample estimates reaffirm that a model outperforms other specifications. In addition to superior fit, our model captures features of decision processes that are distorted by traditional approaches. Additional details are in SI Appendix, Section S4.
Another important piece of advice isn't to enter the online process with preconceived notions. For instance, someone might be convinced that they want to date a Catholic man over the age of 70 who lives in their hometown. Subsequently, they grow frustrated when no suitable matches return and then may restrict their search parameters.
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