Underdogs in Education (Part 1): For-Profit Schools as a Case Study in Game Theory

This is Part 1 of a Two-Part Post on Education in America. David and Goliath, one of the most well-known stories in the bible, provides a good framework for evaluating competition between asymmetrical combatants. When you’re an underdog, you don’t win by playing by the book. You have to take risks and embrace schemes that may increase …

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