16min chapter

Risky Business with Nate Silver and Maria Konnikova cover image

How to Win Bets and Influence Elections

Risky Business with Nate Silver and Maria Konnikova

CHAPTER

Consequences and Complexity in Financial Fraud

This chapter examines Carolyn Ellison's sentencing linked to the FTX fraud, alongside an analysis of political polling trends and implications for upcoming elections. It delves into the psychological and ethical complexities of gambling and fraud, highlighting testimony from key witnesses and the dynamics within high-pressure environments. The discussion also integrates game theory principles, particularly the prisoner's dilemma, to explore the interplay between cooperation and justice in the context of severe financial crimes.

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