Abstract

This paper defends the use of non-cooperative game theory for analysing questions of governance. To do so it posits a way of extending the resource account of social power from cooperative games to noncooperative games in a way that side steps a range of criticism. This involves identifying tipping points in the reputations of certain agents for paying and punishing those in their thrall. These tipping points are what give threats and offers their credibility in the absence of enforcement mechanisms and stabilise the distribution of social resources in society.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.