Receivable Management Association of Canada Inc.

Invited to the RMA conference this week, where there were some really interesting speakers.

Particularly enjoyable was the session on social media and reputation.  Fascinating on the linkage to the ARM world, really made me think.

Also good to hear about the regulation side of things too.

Receivable Management Association of Canada Inc.

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Game Theory: linkage to vendor pricing

I have been reading this book: Game Theory: A Nontechnical Introduction.  Very interesting,  and is making me think about the applications this has to vendor pricing models.

There is an interesting example of two gas stations in competition, and how they game to price correctly and maximise market share.  Then what happens if they share information or not, or if there is transparency around margins.

Certainly thought provoking as it contains slightly different takes on the existing approaches.

Of course the objective is not just to win the game, but how to change the game in order to win…. More to come

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CAGT Presentation

Invited to dinner at the Credit Association of Greater Toronto.  The speaker was Rob Ford, Major of Toronto.

He is certainly determined to achieve what he promised.  It was interesting to hear him speak.

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