Game theory is a formal tool for analyzing strategic interaction under conditions of interdependence.
"Level 3: formal analysis of strategic interaction. Once aims, motives, incentives, and rules are specified, what patterns of conduct are likely to follow? This is the level at which game theory operates." Operates... how? On who? By what means?
The essay answers every one of these questions.
The essay dodges every one of those questions.
"Level 3: formal analysis of strategic interaction. Once aims, motives, incentives, and rules are specified, what patterns of conduct are likely to follow? This is the level at which game theory operates." Operates... how? On who? By what means?
The essay answers every one of these questions.
The essay dodges every one of those questions.