Skin in the Game By Nassim Nicholas Taleb
Feb 08, 2024 
Skin in the Game: Hidden Asymmetries in Daily Life is a thought-provoking nonfiction book by Nassim Nicholas Taleb. In this work, Taleb explores the concept of “skin in the game,” which refers to having a shared risk when making significant decisions. Taleb argues that fairness, commercial efficiency, and risk management require shared risk. When one actor reaps rewards without accepting any of the risks, it creates a problem of “missing incentives.” The fundamental issue, according to Taleb, is one of asymmetry: one party gains rewards, while the other bears the risks.
Skin in the Game By Nassim Nicholas Taleb Book Info:
- Publisher: Allen Lane
- Published: June 1, 2018
- ISBN: 9780241300657
- Pages: 265
- Size: 9.05
