According to President Donald Trump, trade wars are quick and easy to win. However, trash haulers and recycling companies across the nation and the region will tell you about a trade war that’s dirty, long-lasting and a losing proposition. Since late last year, China has been raising its standards for accepting millions of tons of Read More →
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By Joel Balbien Economists use game theory to model interactions among patients and doctors where there is strategic behavior by agents who understand that their actions affect the actions of others. It is assumed that each agent has a best response to the actions of all other players, and that this can lead to predictable Read More →
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