Chapter8
Nuanced Messages
In This Chapter
- Spending money as a signal
- Sending oblique signals
- Sending threatening signals
- Using volatility as a signal
In the previous chapter you looked at concrete signals such as a job applicant listing a college degree on a resumé or a merchant offering an item for sale at a certain price. In this chapter you continue to explore the role of signaling in strategic behavior. Some of the game situations here are less well-defined than before but still worthwhile to study.
Reading Between the Lines
There’s an old expression, “it takes money to make money.” One sense of this saying is simply that small investments ...
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