If 90 percent of everything signaling it will make signaling worse now well that argument suggests that all technological progress is a waste because anytime we can do anything better we'll just do it in the service of signaling which is all the waste. i could have a follow-up or in prediction markets in essence going to teach us how to signal better and thus waste more resources in economic terminology they'll push us more into separating equilibria if we simply knew less we'd be more in pooling equilibria where you don't distinguish yourself but the prediction market will tell you well what are the right clothes to buy to impress someone on a date or how to spruce up your resume. So next question
If intros aren’t about introductions, then what’s this here for? Is not including one a countersignal? Either way, you’ll enjoy this conversation — and that says a lot about you.
This episode was recorded live at Mason for econ grad students. If you’re interested in learning economics with great professors like Robin and Tyler, check out these fellowships.
Read a full transcript enhanced with helpful links.
Recorded February 6th, 2018 Other ways to connect