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The Game of Chicken as a Strategic Model for Conflict, Bargaining, and Decision-Making in Political Economy
The Game of Chicken is one of the most useful models in #game_theory for understanding conflict, bargaining, and decision-making under pressure. It describes a situation in which two actors move toward a dangerous outcome, while each hopes the other will give way first. If one actor yields and the other remains firm, the firm actor appears stronger. If both yield, conflict is avoided but neither side fully dominates. If both refuse to adjust, the result may be costly or even
7 hours ago25 min read


Negotiation, Reputation, and Strategic Communication: What The Art of the Deal Can Teach Students Today
This article examines The Art of the Deal as a useful text for students who want to understand #negotiation, #reputation, and #strategic_communication in business and leadership. The book is often read as a practical account of deal-making, but it can also be studied academically through leadership studies, communication theory, business psychology, Bourdieu’s theory of capital, world-systems theory, and institutional isomorphism. From this perspective, negotiation is not onl
7 hours ago25 min read
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