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The Prisoner's Dilemma: Applying Game Theory to Agile Contracting

room: Grand Ballroom A — time: Wednesday 14:00-14:45, Wednesday 14:45-15:30
Level: Practicing

I propose that the larger issue with Agile Contracts is not that we don’t know how to write them. After all we know how to deliver Agile projects, so a contract can simply describe that process. The problem is with making Agile Contract commercially competitive; against suppliers who are offering the promise of delivering the perfectly predicted dream - offering the certainty that people crave. This is a prisoners dilemma, with organisations driving themselves towards a sub optimal solution. Through game theory we will explore ways in which to improve the appeal of the agile offering.

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