Why is the Russian army so bad? Four game-theoretic reasons
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The Russian army suffers from internal structures. There are four game theory aspects that explain why this makes it so ineffective: adverse selection, disruption, moral hazard, incentive compatibility. The explanations are based on phenomena explained by Visualpolitik. Oh yes: Market for Lemons is spelled with only one M :-( Here is the video from Visualpolitik: • What makes the RUSSIAN ARMY so INEF... Interview about higher economic crime with fewer local newspapers: https://www.xing.com/news/articles/kr... The crash at the end was the book that fell off my table. If you want to drop it too, you can buy it here: The 36 Stratagems of the Crisis: Print: https://www.amazon.de/exec/obidos/ASI... Kindle: https://www.amazon.de/exec/obidos/ASI... Digni-Geld - Income in the Times of Robots: print: http://www.amazon.de/exec/obidos/ASIN... Ebook: http://www.amazon.de/exec/obidos/ASIN... If you prefer not to buy from Amazon, you are welcome to support this independent provider: www.aha-buch.de (I don't get a commission, but Aha-Buch almost always has my books in stock.) You can find products I mentioned here: https://www.amazon.de/shop/profrieck There are also a few other products there that I recommend (I'm a book and technology junkie ;-)) There are affiliate links here where I get a small commission without you paying more. Thank you if you use these links! Want a good video every week? Then click here: https://www.youtube.com/c/ProfRieck?s... My Instagram account: / profrieck And on Twitter: / profrieck Note: The links provided may be affiliate links where I get a commission. Thank you if you use these links! Disclaimer: This is an educational channel, not a financial or medical channel. The content of my videos or podcasts is for general information only and is not financial or medical advice or even a personal recommendation. Please always get information from several independent sources and seek professional advice for your decisions, especially in the area of investments or medicine. The opinions expressed do not constitute any kind of call to action. It is not an invitation to buy or sell assets of any kind, in particular securities or tangible assets. It is also not an invitation to engage in any form of self-therapy or self-diagnosis. Please take these instructions seriously.
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