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
Tag: status
The Competence Trap: Why Being Good at Many Things Makes Self-Assessment Nearly Impossible
We all know the type who announces their skills on social media. "Crisis management is one of my deepest competencies," they tweet, while actively demonstrating the opposite. The irony is obvious to everyone but them. But recognizing others' inflated self-assessments is easy. The harder question is: how do we avoid the same trap ourselves? The … Continue reading The Competence Trap: Why Being Good at Many Things Makes Self-Assessment Nearly Impossible
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