Asked by Austin Schafer on Sep 24, 2024
Verified
Offering an expensive engagement ring to your (future) bride is a
A) Screening mechanism
B) Signaling mechanism
C) Way to waste money
D) None of the above
Signaling Mechanism
A method or action taken to convey information or intentions between parties, often used in economics and biology to indicate quality or status.
Screening Mechanism
A process or method used by entities to filter or select suitable candidates or options based on specific criteria.
Engagement Ring
A piece of jewelry often featuring diamonds or other gemstones, traditionally given during a proposal to symbolize intent to marry.
- Develop insight into the principles of signaling and screening across different situations.
- Execute the application of signaling and screening strategies in various personal and professional settings.
Verified Answer
JT
Jillian Tomol1 day ago
Final Answer :
B
Explanation :
Offering an expensive engagement ring is a signaling mechanism, as it communicates the groom's commitment and investment in the relationship. It signals to the bride and others that the groom is serious about his intentions and willing to provide for his future spouse. It is not a screening mechanism as it does not filter out unsuitable partners, nor is it a way to waste money if the groom places value in the gesture and symbolism of the ring.
Learning Objectives
- Develop insight into the principles of signaling and screening across different situations.
- Execute the application of signaling and screening strategies in various personal and professional settings.