Game Theories, Liberal Legacies, and International Institutions: How Do They Connect?
887 Words4 Pages
In realist theory, every state is looking out for themselves. States pursue their self interests, rely
on self help, and tend to want to stay out of others interest. Payoffs are what states and countries are
really interested in. They want to reap rewards from any decision they ultimately make, however, the
liberalist theory states that countries cannot fully progress without the help of other countries. Instead
of staying out of anything another country does, the liberalist wishes to begin trading and building a
bond between states. The big idea is to have world cooperation brought on through international
institutions. Kenneth Oye, Michael Doyle, and Robert Keohane have written three separate articles
about the points (payoff structure, liberalism theories/legacies, and international institutions) above, but
they are all connected.
In Oye's “The Conditions for Cooperation in World Politics,” three games are games are
mentioned: Prisoner's Dilemma, Stag Hunt, and Chicken. The overall reason for including these
examples was to show the relationship between mutual cooperation relative to mutual defection and the
payoffs of unilateral defection relative to unrequited cooperation. The main focus in Prisoner's
Dilemma was loyalty versus betrayal. Would my partner rat me out to get off free and leave me to take
the brutal sentence? Will we both rat on each other and have the same but moderate sentence? Or will
we both no falter in our loyalty and not rat on each other? Stag Hunt focuses on how most people tend
to look out for themselves, and it's better that everyone does that, while Chicken focuses on the benefits
or consequences of leaving a set idea for the sole improvement of self (can be viewed f...
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...lting in states preparing defensively of
offensively, causing other states to have fears and thus making them build up their security. The
bilateral bargaining is how each state sees the others' interests and issues. The two states would want
different things from each other and one not willing to back down. International institutions would help
solve these problems with the rules and regulations that each state would have to follow in order to
progress any more with their interests. This is a big point in a liberalist's theory: each state gains
something not mattering on quantity but quality to the country (referring to Doyle's article).
So there it is. That's how they all connect. International institutions won't completely dissolve
uneasiness in reliability in other states, but it will for sure help bring states closer together than they are