Central Banks And Game Theory: Prisoner's Dilemma | Exploring Markets

Central Banks And Game Theory: Prisoner's Dilemma

There have been more than 500 central bank rate cuts since 2007.


And this the game theory chart they are faced with:












Link to article: http://www.realclearmarkets.com/docs/2013/05/TCW%20MW%20Rates%20Update%20052113%20Prisoners%20Dilemma.pdf