Read "Biological Signals as Handicaps" Grafen 1990.
Post by twetch#18433
1/2
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
What the chain says
- Block
- 630 366
- Time
- 2020-04-13T04:04:50Z
- Signer
- 1CndCzdXifj1S7LtYttbK6WuZuowjrYmfg
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#18433
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1CndCzdXifj1S7LtYttbK6WuZuowjrYmfg VerifiedReplies (1)
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