What are some of the applications of game theory and bargaining in international relations?

In 1957, the US Navy created PERT to accelerate the Polaris submarine project. PERT - often used in conjunction with CPM - is a tool for managing activities against the minimum required completion time. CPM algorithmically reveals the longest chain of dependent activities with respect due to time taken from start to finish. PERT when used with CPM is strikingly analogous with the Extensive-Form (EF) Games model, noting that: - A PERT chart is a graph-like 'activity-on-node' diagram with time on the edges. - An EF Game is often visualized as a tree-like 'player-on-node' diagram with strategies on the edges, and payoffs on the leaves. - A hypothetical PERT-CPM-EF Game can consist of utility rankings of time with activities as strategies.

Models like the Ultimatum Game or the Bargaining Game can be used to analyze diplomatic negotiations, where countries engage in strategic bargaining to reach mutually beneficial peace settlements. Game theory models, such as the Prisoner's Dilemma, can illustrate the strategic interactions between countries in negotiations over arms control agreements, where each country must decide whether to cooperate or defect regarding disarmament efforts.

In my experience, negotiation and game theory are like a team. When people negotiate, they try to make the best decisions. Game theory helps by giving tools to guess what others might do and to understand the best choices to make. It helps in situations with many people involved, when the same talks happen many times, or when not everyone knows everything. This combo helps people make smarter decisions when they talk and deal with others.

Game Theory can rely on classical new product development theory. A successful system for "NPD" is founded in the "Core Experience Statement". This is as much about how you want people to "feel", as it is about how they might go about attaining that feeling. Typically it describes how you want a classification of people to feel in a particular set of circumstances. Alien the Movie.. I want the movie audience to feel like they are watching "Jaws in Space". Now that we have a simple qualification to test subjective ideas against, we can rank them more objectively against other ideas to decide which we'd like to implement to achieve the core experience. Core Ex: The people of Israel and Gaza enjoying life together in mutual prosperity.

For instance, the n-person prisoner's dilemma exemplifies the challenges in maintaining cooperation in large groups, where individual actors might have incentives to defect for short-term gains. This model helps in understanding why certain alliances falter or why some nations choose to act unilaterally, despite shared goals. On the other hand, the Shapley value game offers insights into equitable payoff distribution within coalitions, based on each member's contribution. This is crucial in negotiations where resource allocation, financial contributions, or even strategic positioning are discussed.

Game Theory models, such as Multi-Party Bargaining or Coalition Formation, can be applied to manage relationships with diverse stakeholders. The Prisoner's Dilemma and Coordination Games can help in developing team dynamics and cooperation strategies. The Ultimatum Game, Nash Bargaining Model, or Sequential Bargaining can be used to understand negotiation dynamics in leadership scenarios.

Game theory can help analyze conflicts between nations and provide insights into the strategies and incentives that can lead to peaceful resolutions. Bargaining models, such as the Prisoner's Dilemma, can be applied to understand how countries can cooperate and avoid conflict. The concept of Mutually Assured Destruction (MAD) is a classic example of a bargaining strategy where both sides have a strong incentive to avoid initiating a nuclear conflict.