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Jocul ciclic – Statele Unite ale Americii versus Coreea de Nord din unghiul teoriei mutărilor strategice

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  • Georgescu Alexandru

    (Cercetător independent)

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    Abstract

    It is found that the “Theory of Moves” is adequate in a Cold War scenario, with functionally equal participants, such as the Cuban Missile Crisis. The destabilization of normal incentive systems, under power and information asymmetry, is what prevents an equilibrium from being reached, as one side (North Korea) overleverages its position, while the other side makes unproductive compromises.

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    Bibliographic Info

    Article provided by Romanian Society for Economic Science, Revista OEconomica in its journal Revista OEconomica 04/2011.

    Volume (Year): (2011)
    Issue (Month): 04 (December)
    Pages:

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    Handle: RePEc:oen:econom:y:2011:i:04:id:316

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    Web page: http://oeconomica.org.ro/
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    Related research

    Keywords: United States; North Korea; Kim Jong-il; Theory of Moves; Nash equilibrium; six party talks; cycle of aggression; information and power asymmetry; regressive induction;

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