Brexit: Why there may be no cake, or else no one around to eat it….

Great piece by Gavin Jackson on Brexit on Cooperative Game theory..

…the UK needs to recruit 20 other countries to agree with it in a period of two years. Its priorities are likely to be restricting immigration and getting the most access to the single market it can. To achieve its goals it will need to pay people off, with the marginal countries able to extract the highest prices.

Or to cut a long story short: either the negotiations end up a lot like Reservoir Dogs, with no agreement and everyone losing the loot, or there is not going to be £350m a week left over in the UK’s budget to give to the NHS.

He also explains why the UK Parliament may have no final say on whether (or how) the UK leaves the EU. Read the whole thing.