"Instead of looking at two strategies [such as Exploit or Explore], Laland and associates included a third: observe. That is, you can watch other people deal with a situation, and then copy them. Arnold Kling, "Exploit, Explore, Copy." arnoldkling.substack.com. May 30, 2023 Exploit seems like optimize. You create efficiencies based on scale, refining processes or … Continue reading Exploit, Explore, Copy
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What’s the Profit (কি লাভ)?
Why do it? I keep thinking about the differences in how people account for value. One dichotomy that comes up is people that want to talk and think about other people, and people that want to talk and think about ideas, without reference to people. I remember once, on a trip to Italy, I was … Continue reading What’s the Profit (কি লাভ)?
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