Reputation Mechanisms And Network Reliability

Lynne Kiesling Y’all are so on the ball, I can’t string out any kind of argument, can I? In the comments to yesterday’s post about reputation mechanisms and the “Scarlet Letter” in electric reliability, jdr points out that “customer choice, where it exists, generally applies to the supply side rather than to the operations side, … More Reputation Mechanisms And Network ReliabilityMore Reputation Mechanisms And Network Reliability

Darth Vader And Social Distance

Lynne Kiesling In addition to referencing the work of the ever-insightful Dan Klein, John Tierney’s column from Saturday’s NYT (reg. req.) discusses one of my favorite subjects in great detail: Adam Smith’s analysis of the importance of social distance. He says he could never betray the Jedi because they’re his family, but then the chancellor … More Darth Vader And Social DistanceMore Darth Vader And Social Distance