3 ms·
The economics angle is the one you want to expand on. You see, Jim is an economist. When he gets a piece of advice, he thinks about game theory. He recognizes
by lordnacho 2y ago
The economics angle is the one you want to expand on.
You see, Jim is an economist.
When he gets a piece of advice, he thinks about game theory. He recognizes there is information asymmetry between the advisor and the advisee. He thinks about whether your incentives are aligned. He thinks about whether there's any cost in producing the advice, vs following it. He thinks about further-round effects of you potentially becoming dependent on the advisor for future decisions, and the principal-agent perspectives in that relationship.
Jim is a dismal character.
- blitzar 2y agoYou see, Jim is an economist. Jim is a dismal character.