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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But if the third party were available Only at substantial transportation cost, to that
extent a truly irrevocable commitment would have been assumed. (If bets were
made with a number of people, the “real costs” of bringing them into the ...
When agreement must be reached on something that is inherently a one-man act
, any division of the cost depends on compensation. The “agenda” assumes
particular importance in these cases, since a principal means of compensation is
In practice it might correspond, say, to the deliberate incurring of social
disapproval on failure to reach agreement, with such disapproval constituting
cost or punishment (perhaps asymmetrical between participants) in addition to
the cost of ...
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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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