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 the same situation as when only one parachutist knew where the other was."
EXPLICIT BARGAINING The concept of “coordination” that has been developed
here for tacit bargaining does not seem directly applicable to explicit bargaining.
Sometimes, to be sure, there is a reason for a measure of uniformity, and
sometimes there is enough similarity in the circumstances to explain similar
outcomes; but more often it seems that there is simply no heart left in the
bargaining when it ...
But the two lines of evidence so strongly reinforce each other that the analogy
between tacit and explicit bargaining seems a potent one. : To illustrate with the
problem of agreeing explicitly on how to divided $100: 50-50 seems a plausible ...
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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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