Game Theory: An Approach from Thomas S. Schelling

16 Pages Posted: 1 Apr 2010

See all articles by Fernando Estrada

Fernando Estrada

Universidad Externado de Colombia - Facultad de Finanzas, Gobierno y Relaciones Internacionales

Date Written: March 30, 2010

Abstract

In their recent work Thomas S. Schelling, reiterating original arguments about game theory and its applications to social sciences. In particular, game theory helps to explore situations in which agents make decisions interdependent (strategic communication). Schelling's originality is to extend economic theory to social sciences. When a player can anticipate the options and influence the decisions of others. The strategy, indirect communication plays a crucial role. To illustrate, we investigate how to perform the payoff matrix in cases of bribery and threat.

Keywords: Social Science, Schelling, game theory, strategic communications, bribes, threats

JEL Classification: A1, A10, C7, C72, D8, D80, D82, D84

Suggested Citation

Estrada, Fernando, Game Theory: An Approach from Thomas S. Schelling (March 30, 2010). Available at SSRN: https://ssrn.com/abstract=1582216 or http://dx.doi.org/10.2139/ssrn.1582216

Fernando Estrada (Contact Author)

Universidad Externado de Colombia - Facultad de Finanzas, Gobierno y Relaciones Internacionales ( email )

Calle 12 # 0 - 85 Este, Barrio La Candelaria
Bogota, DC Cundinamarca 1267
Colombia
05-71 - 3419900 - ext. 1202 (Phone)

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