3/5
cooperators be able to afford more?
I have no problem with attempts to layer profits on services. I feel it's becoming somewhat off track focusing so hard on the signalling effect of transactions.
Instead we can focus on the plethora of opportunities
Read "Biological Signals as Handicaps" Grafen 1990.
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
1Abd9yJS6mrzMmj1Ni6kjQB9GqtyaNujrm Verified1/2
Thank you, for those interested in an excellent review and critique:
The Handicap Principle: how an erroneous hypothesis became a scientific principle Penn 2019
https://bit.ly/2y6k52y
IMO, as far as actionable lessons, almost all that can be salvaged
2/2
is Spence's https://bit.ly/3b62syr
assumption, viz. 'cost of signal MUST be lower for high value info and act as signal to receiver such that they will pay a higher cost'
High cost != honest, must consider individual case cost/benefit of deception