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  2. Deterrence theory - Wikipedia

    en.wikipedia.org/wiki/Deterrence_theory

    This article is about Deterrent in peace and conflict studies and nuclear weapons. For legal theory of justice, see Deterrence (penology). Deterrence theory refers to the scholarship and practice of how threats of using force by one party can convince another party to refrain from initiating some other course of action. [ 1 ]

  3. Mutual assured destruction - Wikipedia

    en.wikipedia.org/wiki/Mutual_assured_destruction

    Belarus. Kazakhstan. Ukraine. v. t. e. Mutual assured destruction (MAD) is a doctrine of military strategy and national security policy which posits that a full-scale use of nuclear weapons by an attacker on a nuclear-armed defender with second-strike capabilities would result in the complete annihilation of both the attacker and the defender. [1]

  4. John Forbes Nash Jr. - Wikipedia

    en.wikipedia.org/wiki/John_Forbes_Nash_Jr.

    John Forbes Nash, Jr.(June 13, 1928 – May 23, 2015), known and published as John Nash, was an American mathematician who made fundamental contributions to game theory, real algebraic geometry, differential geometry, and partial differential equations. [1][2]Nash and fellow game theorists John Harsanyiand Reinhard Seltenwere awarded the 1994 ...

  5. Martin Shubik - Wikipedia

    en.wikipedia.org/wiki/Martin_Shubik

    Martin Shubik (1926-2018) was an American mathematical economist who specialized in game theory, defense analysis, and the theory of money. The latter was his main research interest and he referred to it as his "white whale". He also coined the term "mathematical institutional economics" in 1959 to describe his scholarly approach to studying ...

  6. Security dilemma - Wikipedia

    en.wikipedia.org/wiki/Security_dilemma

    The offense–defense theory of Robert Jervis helps decide the intensity of the security dilemma. Jervis uses four scenarios to describe the intensity of the security dilemma: [ 1 ] When offensive and defensive behaviour are not distinguishable but offense has an advantage, the security dilemma is "very intense" and environment is "doubly ...

  7. Prisoner's dilemma - Wikipedia

    en.wikipedia.org/wiki/Prisoner's_dilemma

    Prisoner's dilemma. The prisoner's dilemma is a game theory thought experiment involving two rational agents, each of whom can either cooperate for mutual benefit or betray their partner ("defect") for individual gain. The dilemma arises from the fact that while defecting is rational for each agent, cooperation yields a higher payoff for each.

  8. Game theory - Wikipedia

    en.wikipedia.org/wiki/Game_theory

    v. t. e. Game theory is the study of mathematical models of strategic interactions. [ 1 ] It has applications in many fields of social science, and is used extensively in economics, logic, systems science and computer science. [ 2 ] Initially, game theory addressed two-person zero-sum games, in which a participant's gains or losses are exactly ...

  9. Public choice - Wikipedia

    en.wikipedia.org/wiki/Public_choice

    Public choice, or public choice theory, is "the use of economic tools to deal with traditional problems of political science." [1] It includes the study of political behavior. In political science, it is the subset of positive political theory that studies self-interested agents (voters, politicians, bureaucrats) and their interactions, which ...