A Tale, updated from the papers of the late Diedrich Knickerbocker, who did not live to see the machine that would have made his authentications unnecessary The following was assembled from a case file, a parole record, and a public entry that outlived both. Of the three, only the last still exists in a form … Continue reading The Registry of John Winkler
Cheap Talk, Costly Feuds: A Pricing Theory of Status and Conflict
A hotel manager once told a marathoner he could run a six-minute mile. The marathoner — who had raced twenty-six miles at 7:35 pace and knew exactly what a six-minute mile costs a body — called bullshit. The manager didn't retreat to "well, in high school." He doubled down. Nothing about that exchange makes sense … Continue reading Cheap Talk, Costly Feuds: A Pricing Theory of Status and Conflict
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