Documents tagged "Dilemma"
Found 2 documents with this tag
page-185.png
The image is a scanned page from an academic paper or article, focusing on game theory and specifically the Prisoner's Dilemma. There are two main sections of text with headings that read "Game Theory" and "Replicator Equation." The heading "Game Theory" includes a small subheading "The Prisoners Dilemma." In the same section, there is a photograph of John Nash, the mathematician who contributed to game theory. The text surrounding his image discusses the concept of mixed strategies in the context of the Prisoner's Dilemma. Below that, under the heading "Replicator Equation," there is a mathematical equation with variables and terms related to replicators, frequency, fitness, etc. This section also contains a flowchart or diagram explaining how to use the equations to predict outcomes in the game of Rock-Paper-Scissors. The page has a formal layout typical of academic literature, with headings in bold type, subheadings in italic, and the main body text in a standard serif font. The overall tone of the image suggests an educational or scholarly context.
HOUSE_OVERSIGHT_023564.txt
Leon Black, CEO of Apollo Global Management LLC, is considering the potential tax implications of the new U.S. tax regime for his firm and other Wall Street firms. Publicly traded partnerships like Apollo are taxed differently than corporations, so there is a decision to be made about whether to take advantage of the overhauled tax rules or convert to an Inc. from an LLC, which would increase its tax bill but allow it to attract investments from mutual funds. The new lower corporate rate has made it possible for bigger publicly traded partnerships to consider this change.