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Sunday, October 27, 2019

Game Theory of International Relations. Lecture Points


Game theory
Pokhran-I. India conducted its first nuclear detonation, described by India as a "peaceful nuclear explosion," on 18 May 1974. Smiling Buddha

Pokhran-II On 11 and 13 May 1998 Pokhran-II' was the series of five test nuclear bomb explosions by India at Pokhran Test Range

Chagai-I is the code name of five simultaneous underground nuclear tests conducted by Pakistan at 15:15 hrs PST on 28 May 1998.[1]:281[3][4] The tests were performed at Ras Koh Hills in the Chagai District of Balochistan Province

Chagai-I was Pakistan's first public test of nuclear weapons. Its timing was a direct response to India's second nuclear tests, on 11 and 13 May 1998.

It is also known as interactive decision theory,
It studies the behavior of decision makers in situations of strategic interdependence.
Its founders are John Von Neumann and Oskar Morgenstern who published the book The Theory of Games and Economic Behavior in 1944.
It is a theory about strategic behavior in international relations.
Prisoner’s dilemma
The prisoner's dilemma is a situation where two people who committed a crime are being interrogated in separate rooms, giving them two choices on how to act, creating three possible outcomes. We'll call the prisoners Prisoner A and Prisoner B.
  • If Prisoner A keeps his mouth shut and doesn't say anything, but Prisoner B spills his guts, Prisoner A will get the worst punishment, while Prisoner B will walk free.
  • Symmetrically, if Prisoner A speaks up but Prisoner B stays silent, Prisoner A walks free and B is severely punished.
  • If both Prisoner A and Prisoner B confess both get punished, but to a lesser degree.
  • Lastly, if both keep their mouths shut, the police will not be able to convict either, forcing both to receive the least punishment for a different, unrelated crime.
Chicken Dilemma
The game of chicken, also known as the hawk-dove game or snowdrift game, is a model of conflict for two players in game theory.
Chicken is a famous game where two people drive on a collision course straight towards each other. Whoever swerves is considered a 'chicken' and loses, but if nobody swerves, they will both crash. So the payoff matrix looks something like this:
                  B swerves               B straight
A swerves            tie               A loses, B wins
A straight     B loses, A wins            both lose

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