Ep14 “‘A Pound Of Flesh’ And Student Debt” with Sheila Bair
All Else Equal: Making Better Decisions
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Introduction
Jonathan Burke: It's very difficult for us to commit to things. Jules Van Binsburg: In financial markets, commitment is really important in terms of understanding it. Jonathan Burke: The famous prisoners dilemma shows you that if both parties have the incentive to not cooperate then both players will be worse off.
Transcript
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