I think you should talk about how he was very narcissistic and conceded, that plays an important role on how people should be that way. Or about how when he died how his people reacted and worshipped him even though he was dead. Or how he may have been cocky but when it came to fighting he made it fair. he wouldnt use a weapon if his opponent wasnt.
Answer: When Smaug are their ponies, he could smell the dwarves scent on them
It is a metaphor for resource distribution proposed by the ecologist Garrett Hardin in 1974.
