Talk:War of attrition (game)
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It might be interesting to add notes about real-world decision makers who are or have used the "I'm insane and unpredictable" strategy. Consider Iran's nuclear program: It wouldnt bother us much if they were totally rational, and thus wouldnt be much good to them as a bargaining tool, so they foster the appearance of insanity. Also true of North Korea in some analyses. There must be other historical examples.
[edit] does this game have a Nash equilibrium?
It seems to me this game doesn't have a NE, what would contradict the Nash Equilibrium article: "Nash equilibria must exist for all finite games with any number of players". Anyone can help? —The preceding unsigned comment was added by Ezadarque (talk • contribs).
- It does have one, it's a mixed ESS. It's proof should be here, it's on my list of things to do eventually. I can't remember off the top of my head which reference is the best to point you to. Or do you have reservations about the solution qualifying as a Nash? Pete.Hurd 14:06, 4 July 2006 (UTC)
Sorry, I see that I was confusing Nash equilibrium with ESS. I did some research and understood my mistake. However, maybe it would be interesting to point out that there is no symmetrical equilibrium in this game.
