-
Greece is Playing to Lose
The future of Europe now depends on something apparently impossible: Greece and Germany must strike a deal. What makes such a deal seem impossible is not the principled opposition of the two governments – Greece has demanded a debt reduction, while Germany has insisted that not a euro of debt can be written off – but something more fundamental: while Greece is obviously the weaker party in this conflict, it has far more at stake. Game theory suggests that some of the most unpredictable conflicts are between a weak, but determined, combatant and a strong opponent with much less commitment. In these scenarios, the ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Feb 9, 2015 1:21pm Feb 9, 2015 1:21pm
- eleste
- | Joined Jan 2013 | Status: Member | 223 Comments
- Comment #2
- Quote
- Feb 9, 2015 1:40pm Feb 9, 2015 1:40pm
- Abhimanyu
- | Joined Jan 2013 | Status: Member | 328 Comments
- Comment #3
- Quote
- Feb 9, 2015 1:49pm Feb 9, 2015 1:49pm
- Guest
- | IP XX.XX.194.67
- Comment #4
- Quote
- Feb 9, 2015 1:57pm Feb 9, 2015 1:57pm
- thelostpip
- | Joined Sep 2014 | Status: Member | 34 Comments
- Comment #5
- Quote
- Feb 9, 2015 1:58pm Feb 9, 2015 1:58pm
- frx_trader
- Joined Jun 2012 | Status: Analyst | 3129 Comments
- Comment #6
- Quote
- Feb 10, 2015 12:29pm Feb 10, 2015 12:29pm
- TheTopBloke
- | Joined Sep 2007 | Status: Forex God | 1035 Comments
- Comment #7
- Quote
- Feb 10, 2015 12:31pm Feb 10, 2015 12:31pm
- TheTopBloke
- | Joined Sep 2007 | Status: Forex God | 1035 Comments