Liz Whitmere · @LizWhitmere
188 followers · 116 posts · Server bbq.snoot.com
Eamonn Kerins · @eamonn_kerins
1402 followers · 196 posts · Server astrodon.socialThis is a famous problem posed by #ThomasSchelling, a #Nobel prize winning #economist and a founding father of #GameTheory. He's also credited with the #ColdWar doctrine of #MutuallyAssuredDestruction, but that's another story.
This is an example of a game of cooperation between two non-communicating participants. And Schelling argued that there is a strategy that maximises the chance of success. (3/n)
#ThomasSchelling #nobel #economist #gametheory #coldwar #MutuallyAssuredDestruction
Last updated 3 years ago