The typical prisoner's dilemma is set up in such a way that both parties choose to protect themselves at the expense of the other participant. As a result, both participants find themselves in a worse state than if they had cooperated with each other in the decision-making process. The p...
What Madoff was really doing was depositing client funds into a single bank account that he used to pay existing clients who wanted to cash out. He funded theredemptionsby attracting new investors and their capital. This is the classic Ponzi scheme model: Take in a constant stream of new m...
During a holiday in Sweden, I found this note on my car:' Sir, we welcome you to our city. This is a "No Parking" area. You will enjoy your stay here if you pay attention to our street signs. This note is only a reminder.' If you receive a request like this, you cannot fail...
Since they (quite literally) carry you to the finish line -- be it chalked on the road for a marathon or a number on your treadmill display -- your running shoes are an important part of your running gear. Possibly the most important, so knowing what to look for when you...
People who were treated unfairly tend to pay this back by treating the same person unfairly as well, a phenomenon called negative reciprocity6,7. However, the consequences of unfair behavior seem to have an even larger extent. People do not only behave unfairly against the person who treated ...
Then, the judge will usually order the local police to arrest the fugitive, and the bounty hunter can request that the prisoner be remanded into his or her custody. The one thing a bounty hunter can never do is take the hunt outside of the United States. Bounty hunters can be arrested ...
While spouses are eligible for a VA loan, they also need to meet certain requirements. For instance, you’re eligible if you’re the spouse of a veteran who’s a prisoner of war (POW) or missing in action. You’re also eligible if you’re the surviving spouse of a veteran and you ...
Others took up prostitution. In those cases, Bubba would become a pimp, and both of them would be “prison rich” as the johns line up outside her cell to pay for her sexual favors. As Bob Seger once sang—and it’s doubly true in prison—“they got the fire down below.” ...
6. Be willing to pay the price How much time you spend on your phone? Speaking English is a skill. And just like any other skill, you need to invest a lot of time to reach an advanced level. If you don’t have enough time, then you must reduce the time spent on time wasters su...
a “prisoner’s breakfast,” one of which took place at theSavoy hotel. At the end of the meal, a toast was raised toHis Gracious Majesty the King, the royal family, and the success of the women’s suffrage cause. Would a similar group of direct activists make this proclamation today?