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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In fact, a focal point for agreement often owes its focal character to the fact that
small concessions would be impossible, that Small encroachments would lead to
more and larger ones. One draws a line at some conspicuous boundary or rests ...
But in the case of “inadvertent war,” both sides have a strong interest in
conveying the truth if the truth can in fact be conveyed in a believable way in time
to prevent the other side's mistaken decision. MISAPPREHENSION OF ATTACK
In this view, the theory of Nash (leading to the maximum-utility-product solution)
is a response to the fact that even in the realm of mathematics there are offhand
too many types of uniqueness or symmetry to provide an unambiguous rule for ...
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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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