Separating Cheap Talk from Truly Held Beliefs
November 26, 2007
Michael Giberson In his book, Plight of the Fortune Tellers, Riccardo Rebonato describes how an invitation to bet can be used to separate cheap talk from truly held beliefs (and, in the process, ruin an otherwise engaging dinner conversation). In the early to mid 1990s in the United Kingdom and in other European countries a … More Separating Cheap Talk from Truly Held Beliefs … More Separating Cheap Talk from Truly Held Beliefs