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False peace, moral hazard, and shadow convexity

araomd

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The Hen that laid the Golden Legos
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Probably only interesting if you like finance:

https://static1.squarespace.com/sta...s_Q32015_Volatility-and-Prisoners-Dilemma.pdf

upload_2017-4-19_13-57-2.png
 
Or you can invest in Chris Cole's Artemis Capital fund (the guy who wrote the paper "Volatility and the Prisoner's Dilamma" linked in the OP) which will skyrocket with volitility.
 
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