Cooperation & Conflict Flashcards
What is game theory?
Strategic interactions in which individual decision depend on what each expects the other will do
What types of interactions are there in game theory?
- Types of interactions: - Coordination gams: easy cooperation - Conflict or zero-sum games: gains for some imply losses for the others
How can trade agreements be explained by game theory?
- Trade Agreements - Both nations benefit - One nation can chat ie “rat out” the other nation for benefit - If both cheat, nothing accomplished
What is the security dilemma?
- Each state responsible for their own protection - Can’t trust the other state to play nice - Always “rat out”
What is true of the prisoner’s dilemma over time?
Cooperation is more successful if interactions are repeated over time
What is the tit-for-tat meta-strategy?
- Starting cooperating - Do unto other as they do unto you: cooperate when they cooperate and defect when they defect
What does the prisoners dilemma represent?
The prisoners dilemma represents the most basic structure of the problem of collective action for the provision of public goods
What can the inefficient outcome in the prisoner’s dilemma be a representation of?
The inefficient outcome, no-cooperation, can be a representation of the free rider problem
What is The Prisonner’s Dilemma?
What is Chicken?
What is an example of chicken?
- Government shutdown
- Neither the republicans nor the Democrats were willing to budge for fear of being the chicken
- Cuban Missile Crisis - USSR swerved?
What is Stag Hunt?
What is an example of Stag Hunt?
▾ Kyoto Protocol
• Long term environmental regulation will protect us all (the Stag), but that requires everyone to work together
▾ But:
• Sovereignty? Economic gain?
