Could Game Theory Be Used To Prevent Human Extinction?
That same year, economist and foreign affairs expert Thomas Schelling published a book, The Strategy of Conflict, that pioneered the study of bargaining and strategic behaviour, or conflict behaviour, through a game theoretic lens. His applications of ...
Past Winners of the Nobel Memorial Prize in Economic Science
New York Times
Simon Kuznets receiving his Nobel in 1971 “for his empirically founded interpretation of economic growth.” Credit Reportagebild/Associated Press. The economics prize was established in 1968 in memory of Alfred Nobel, to celebrate the 300th anniversary ...
Draw some red lines: In relations with neighbours, rework stagnant calculus of deterrence with compellence
Economic Times (blog)
Economist Thomas Schelling, who won the Nobel for game theory analysis with Robert Aumann, coined the term 'compellence' which he subtly differentiated from deterrence. Unlike deterrence that prevents an adversary from changing status quo, ...
How game theory explains Grexit and may also predict Greek poll outcome
The Conversation AU
In order to understand the dynamics of failed negotiations and continuing conflicts between the troika and the Greek government let me borrow the much-celebrated parable from 2005 prize-winning game theorists, Thomas Schelling and Robert Aumann.