Game structure
By design, the game is implemented in two stages. At stage 1, Ukraine and Russia choose levels of financial transfers and military involvement not knowing each other’s choice. At stage 2, Crimean voters observe the levels chosen and opt for the preferred country. Does it sound familiar? Hopefully so, because the game could be regarded as a modified all-pay auction in which the good to be auctioned is Crimea and Sevastopol, the auctioneer are Crimean voters, and the bidders...
Game theory can say something non-trivial about any strategic interaction, and separatism movements are by no means an exception. In the following, I model the strife between Russian and Ukrainian governments over the Crimean Republic and Sevastopol as ...
... efficient resource allocations than the law-abiding strategy. To see this, I model typical interactions between public officials and citizens in the game form, where players are assumed to maximize their pay-offs against the other player’s choices. Game theory appears to be a natural and simple way to account for the seemingly complex phenomenon in question, as it requires quite little knowledge to produce predictions about real outcomes.
WHY DOES CORRUPTION OCCUR?
Before examining why corruption ...
... Mesquita
, Professor of Politics at New York University, consultant to government agencies and to private businesses
Interviewer:
Maria Prosviryakova
, Russian International Affairs Council
Photo: wikia.nocookie.net
The ability to make predictions using game theory is by itself fascinating, but the real value is the ability to engineer outcomes that could be beneficial for the society. What engineered solutions are you most proud of?
Three decades ago I devised the strategy that got the former Philippine ...
