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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