The Strategy of Conflict
A series of closely interrelated essays on game theory, this book deals with an area in which progress has been least satisfactory--the situations where there is a common interest as well as conflict between adversaries: negotiations, war and threats of war, criminal deterrence, extortion, tacit bargaining. It proposes enlightening similarities between, for instance, maneuvering in limited war and in a traffic jam; deterring the Russians and one's own children; the modern strategy of terror and the ancient institution of hostages.
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Nobody can expect the tacit process to stop at Io, 30, or 6o per cent; no particular
percentage commands agreement or ... People are at the mercy of a faulty
communication system that makes it easy to “agree” (tacitly) to move but
impossible to ...
The two players have identical privileges of communication, of refusing offers,
and of reaching agreement. If instead of dividing # $100 the players are to agree
on values X and Y contained within 4 a boundary, the payoff function may not be
Specifically, suppose that two players may have $100 to divide as soon as they
agree explicitly on how to divide it; and they quite readily agree that A shall have
$80 and B shall have $20; and we know that dollar amounts in this particular ...
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LibraryThing ReviewUser Review - HadriantheBlind - LibraryThing
This is one of the most important books on Game Theory, and also, thankfully, one of the more accessible (certainly much more so than von Neumann's and Morgenstern's book). His main theses are that ... Read full review
A REORIENTATION OF GAME THEORY
Game Theory and Experimental Research
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