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Lecture 11

POLI 244 Lecture 11: POLI 244 10-17-2016

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Political Science
POLI 244
Fernando Nunez- Mietz

POLI 244-World Politics-10/17/2016 Coordination vs Collaboration Coordination Problems -Usually have multiple equilibrium strategies, where neither has an incentive to change their strategy -Thus, communication is the most substantial obstacle to coordination -Cheating is not considered a major issue Collaboration Problems -One equilibrium outcome that is Pareto suboptimal -For example, USSR and US would be best not doing an arms race but fear or temptation both arm themselves -Communication and promises may still lead to armament -Cheating is the main problem because the outcome both prefer is not in equilibrium -A one shot game of this makes it challenging to avoid mutual defection -Is the mutual cooperation outcome’s payoff higher than that of the mutual defection -Need to form a contract of some sort but anarchy makes it tough to enforce Achieving Cooperation Under Anarchy -Actions are based on a strategic setting -Also depends on whether or not there is a cooperation problem -If the strategic setting is changed it can foster cooperation Changing Strategic Settings -Altering the payoff structure -Unilateral measuressw
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