I love having a partner (Keith Hagan) who an expert in game theory. We have business clients (multiple) who are just mired in debt to multiple creditors, any one of which can shut them down to the point where they can’t pay any of them. My partner uses the Prisoner’s Dilemma scenario to keep the creditors at bay. To overly simplify, the knowledge of each of the players is the key to the outcomes on the prisoner’s dilemma scenario. Keith takes this very academic theory and finds ways to apply it in real life. It is amazing to watch him work sometimes.
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