The study of mathematical models of conflict and cooperation between intelligent, rational decisionmakers, game theory is also known more descriptively as interactive decision theory. For more than six decades, RAND researchers have used game theory to explore economics, political science, psychology, and conflict.
Research conducted by:
RAND National Security Research Division;
RAND Project AIR FORCE;
RAND Drug Policy Research Center;
Safety and Justice Program
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This 1954 classic on basic concepts of game theory and its applications popularized the subject for amateurs, professionals, and students throughout the world.
Journal Articles (4)
A table-top game is described where students play the role of a terrorist group seeking to attack an urban subway and then act as security planners charged with protecting it.
Game theory and other simulations show that, if potential criminal offenders are sufficiently deterrable, increasing the conditional probability of punishment (given violation) can reduce the amount of punishment actually inflicted, by "tipping" a situation from its high-violation equilibrium to its low-violation equilibrium.
Information superiority and game theory : the value of information in four games
A game on urban drug policy