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The Ponzi Scheme Puzzle

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Book Name: The Ponzi Scheme Puzzle

Writer: Tamar Frankel

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Description

In 2001, I had the favorable luck to meet Professor Diego Gambetta a Nuffi eld College at Oxford University. Having known about my enthusiasm for and take a shot at trust in the financial zone, he proposed that I study the imitates of dependability: swindlers. I did and entered the universe of the cons and their casualties. The venture was intriguing, as I discovered the complicated connection between cheats and their “marks,” and revealed the games they play and the value they pay. In transit, puzzles accumulated. By what means can cheats be so effective? How are their imprints so visually impaired?

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