Mishra, Sandhya (2011): Strategic Thresholds and its Implications.
Download (437kB) | Preview
This paper aims at defining a Strategic Threshold or Flash points for each strategy followed by the society as a whole. The paper attempts at analyzing interactions between two groups and the effect of change in trust on the path traversed. The paper draws analogy to the behavior of atoms/molecules during a chemical reaction to the influence of Information (positive or negative) on the trust level and the resulting shift in the general social strategy. A society can be considered as a collection of molecules (people) at various energy states (trust level) normally distributed. This implies the presence of a minority of population of high energy state (catalysts in case of chemical reaction OR leaders/influential people in case of societies) . The whole path traversed by the moderate population is influenced by the energy (in the form of propaganda) of these high energy particles until a majority of the population cross the activation energies towards higher macro state (lower trust/social capital).
The theory may be used to analyze a variety of social interactions like the ethnic conflicts in Africa and some South Asian nations. The paper also lays out the role of leaders to soothe the conflict and bring back the society to a lower energy state (Higher trust/social capital).
|Item Type:||MPRA Paper|
|Original Title:||Strategic Thresholds and its Implications|
|Keywords:||Detrimental Factor of defection, Trust Breaking Threshold Factor, Equilibrium Strategy, Game Theory|
|Subjects:||A - General Economics and Teaching > A2 - Economics Education and Teaching of Economics > A20 - General
C - Mathematical and Quantitative Methods > C7 - Game Theory and Bargaining Theory > C70 - General
A - General Economics and Teaching > A1 - General Economics > A10 - General
|Depositing User:||Unnamed user with email email@example.com|
|Date Deposited:||15. Mar 2011 09:34|
|Last Modified:||13. Feb 2013 15:45|
1. Dixit, Skeath And Reiley, “Games of Strategy”, Norton Publishers, June 1999
2. Wydick, ”Games in Economic Development”, Cambridge University Press, January,2008
3. Turocy and Stengel, ”Game Theory”, CDAM Research Report LSE-CDAM-2001-09,October 2001
4. Allen and Morris, “Finance Applications of Game Theory”, Wharton School,October, 2000