The telecom war between Reliance Jio and Airtel was only a preamble to the impending battle between Google and Jio. Nitish Kumar broke the mahagathbandhan while seeming to try to bend RJD to his will. All the schmoozing between Trump and Xi hasn’t reduced the North Korean nuclear threat. Could we have predicted these outcomes before they actually happened?  Yes we could have—not with IQ or EQ, but with ‘Game Theoretic Quotient’. A new intelligence, a new way of looking at the world. Game Sutra highlights the underlying strategic considerations of entities as diverse as heads of state, bitcoin miners and CEOs of internet companies to explain their decisive choices. Immerse yourself in its heady mix of cogent fact and smart analysis to develop your ‘game theoretic quotient’. Your world will never be the same again.

The Babylonian Talmud and India's Insolvency and Bankruptcy Code

The babylonian talmud and india's insolvency and bankruptcy code

When determining the payouts of different creditors whose claims cannot be simultaneously fulfilled in entirety, as in a bankruptcy case, we usually use the proportional division rule. Does this choice have a normative basis? Rules other than the standard proportional division rule are highlighted here, including a rule derived from an analysis of a bankruptcy problem in the Babylonian Talmud. Desirable properties of these rules are outlined.98

In May 2018, Tata Steel formally took control of Bhushan Steel, settling nearly two-thirds of the non-performing loans of the bankrupt steelmaker. While this is a heartening success story, overall, the process of resolution in the IBC is marked with a ...

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