A person’s behavior is rational if it is in his best interests, given his information
p. 2 (War and peace (2005))
I would like to suggest that we should perhaps change direction in our efforts to bring about world peace. Up to now all the effort has been put into resolving speci?c con?icts: India–Pakistan, North–South Ireland, various African wars, Balkan wars, Russia–Chechnya, Israel–Arab, etc., etc. I’d like to suggest that we should shift emphasis and study war in general.Robert Aumann
The theory of repeated games is able to account for phenomena such as altruism, cooperation, trust, loyalty, revenge, threats (self-destructive or otherwise) – phenomena that may at ?rst seem irrational – in terms of the “sel?sh” utility-maximizing paradigm of game theory and neoclassical economics .Robert Aumann
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