June 2015

    “I know who I am and I know they know who I am”; Greek Game Theory

    When it comes to world finance, the “no deal” option may be better.  But in the case of the Greek / EU dynamic, it leaves all players: Greece, creditors and the European Union at large, worse off than restructuring.  But second best can be the best from a game theory perspective.  Indeed, this may be […]