Sir, – The term ‘skin in the game’, coined by the self-described ‘epistemologist of randomness’ Nassim Nicholas Talib, implies that a shared risk, when taking major decisions, is a necessity for fairness, commercial efficiency, and risk management, as well as being necessary to understand the world. The concept, which provides clarity when any deliberation has a personal dimension included as a factor, prompts suggestions that, on first appearance, look outrageous, but, after further meditation, provides signposts. Using that concept, the following is an attempt to define solutions to the issu…
