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The Strategy of Conflict

Authors: Thomas C. Schelling

Economics Preview Book link to amazon

Key Ideas

1. Game theory provides a framework for analyzing conflicts and strategic interactions.

2. Conflict can arise due to miscommunication or lack of information.

3. The concept of the focal point can help parties in conflict coordinate their actions.

4. Commitment strategies can be effective in deterring adversaries.

5. The concept of the brinkmanship strategy involves pushing the opponent to the brink of disaster.

6. The concept of credible threats emphasizes the importance of making threats that the opponent believes will be carried out.

7. The tit-for-tat strategy can be effective in iter....
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Quiz

1. Game theory provides a framework for analyzing conflicts and strategic interactions.
2. The concept of the stability-instability paradox suggests that the existence of nuclear weapons can promote peace.
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