I think spending 99% on signaling by definition (well, by most people’s definition) wouldn’t be a “subsistence lifestyle”, so perhaps a better phrase would be “equilibrium lifestyle”. But how sure are you that there isn’t a high-signaling equilibrium? Maybe not 99%, but say >50%?
I think spending 99% on signaling by definition (well, by most people’s definition) wouldn’t be a “subsistence lifestyle”, so perhaps a better phrase would be “equilibrium lifestyle”. But how sure are you that there isn’t a high-signaling equilibrium? Maybe not 99%, but say >50%?