Game Theory Analysis in Political and Economic Decision-making as it relates to the Environment Management

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Environmental Decision Making

Game Theory Analysis in Political and Economic Decision-making as it relates to the Environment Management

Game theory is often deployed as a method of trying to predict the actions of stakeholders in various types of situations, or games. You will be testing several of these games in the following assignment, as it relates to a fictional water management scenario between the United States and Mexico. After which, you will be writing a reflection on the utility of these methods and their application. Additional readings on Game Theory are provided at the end for reference while you write your reflection. 


Types of Games:

Hawks and Doves (Chicken): You have already modeled this game in your previous exercise, when you looked at the interaction of two separate horse populations on Sable Island. This game is generally used to model a situation where direct conflict is possible outcome if both parties do not cooperate.

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