Thread for anyone interested in signalling in economics and military strategy. Or whoever loves a good story. Setting of the action: Predjama castle, Slovenia. /
As you can guess from the picture, the castle is literally built into the rocks. Rather humid and cold, so you wouldn't recommend this to anyone with rheumatics, but very practical for defence purposes. /
You wouldn't want to besiege this castle unless you really had to - which happened in the 15th century when Erasmus of Lueg, burgrave of Predjama Castle, killed Marshall Pappenheim, a relative of Holy Roman Emperor Frederick 3 /
Obviously, the Holy Roman Emperor couldn't let Erasmus get away with this, and so his troops surrounded the castle. When the defences are too formidable, an obvious alternative is to just let time do it's work and wait until the starving garrisson surrenders /
But, guess what? Not only did the garrisson not appear to starve, but Erasmus actually sent food as a gift to his besiegers, with special treats on Church holidays. For the besiegers, it was clear that this proved that Erasmus had signed an alliance with the devil /
The truth was slightly less schocking: there was a secret passage in the rocks behind the castle, and, unbeknownst to the besiegers, this was used to supply the garrison with ample food. The really smart thing about Erasmus was that, without having a PhD in game theory, he /
understood the value of "signalling": undertaking actions that were costly to him but that showed his invincibility to his ennemies, such as giving away food he could have used himself /
This being said, being smart didn't save him. According to popular accounts, a servant betrayed him and sent a signal to the enemy went Erasmus went to the loo (even strategic geniuses are occasionally full of shit) and the loo was then the target of concentrated catapult fire /
So Erasmus eventually died in every dishonorable position, after having held out for a year. There's probably a moral to this story, but I will leave that to someone else. /

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More from @LaurentFranckx

Jun 3, 2023
Klopt Image
OK, het klopt niet helemaal, sommige proffen zijn natuurlijk sadisten, maar dat zijn uitzonderingen. Het punt is dat, zoals Marchant uitlegt, de "buisvakken" (statistiek, economie, bij de ingenieurs thermodynamica 😉) inderdaad gewoon intrinsiek moeilijk zijn, en dat je /
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The generals and admirals who planned the invasion of Japan had no idea of the Manhattan project, so the assumptions they used in their planning give an interesting insight in the scale of the massacre that would have taken place without the nuclear bombs. /
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In "Nudge", @R_Thaler and @CassSunstein often argue that neoclassical economics assumes that humans behave as if they're Mr Spock, while, in reality, we behave more like Homer Simpson. There's an implicit assumption in this analogy that Mr Spock is the normative reference/
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Hidden within the @ITF_Forum report on #micromobility "30 km/h is the maximum limit recommended for cars in city streets to reduce the risk of death or serious injury from a collision of cars with pedestrians and other vulnerable road users."

itf-oecd.org/sites/default/…
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The history of mobility according to Sempé (thread). Phase 1
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