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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It is concerned with persuading a potential enemy that he should in his own
interest avoid certain courses of activity. ... of chance — in which the best course
of action for each participant depends on what he expects the other participants
The threatening party may not, of course, be able to divide the act into steps. (
Both the act to be deterred and the punishment must be divisible.) But the
principle at least suggests the unwisdom of defining aggression, or transgression
, in terms ...
The threat differs from the ordinary commitment, however, in that it makes one's
course of action conditional on what the other player does. While the commitment
fixes one's course of action, the threat fixes a course of reaction, of response to ...
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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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