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Between Balancing and Bandwagoning: A Game Theoretic Analysis of ASEAN's China Policy in the Post-Cold War Era
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approve the issue to maximize their payoffs (Oye 1985). In this game, both Group A
and B obtain the same and maximum payoffs by approving this proposal. It implies
that the both groups have the same preference in this regard. Hence, the two groups
can hunt stag together instead of chasing rabbit respectively. Figure 4 is a variation of
Stag Hunt. For the both groups, the strategy of approving the issue or proposal is
strictly dominant, which further boost the odds of this issue or proposal to become
ASEAN’s consensus.
Approve
Figure 4. Intra-ASEAN Game (Hybrid Chicken-Stag Hung)
Reject
Group B
4, 4*
1, 1
3, 2
2, 3
Reject
Approve
Group A
However, it is possible that one group is strongly favorable to this issue or
proposal, but the other group is strongly opposed it. Figure 5 illustrates this situation.
Group A has a strictly dominant strategy to approve the proposal, but Group B has a
strictly dominant strategy to reject it. Under this situation, the consensus cannot be
reached.
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| | Authors: Chiou, Yi-hung. and Song, Young Hoon. |
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approve the issue to maximize their payoffs (Oye 1985). In this game, both Group A
and B obtain the same and maximum payoffs by approving this proposal. It implies
that the both groups have the same preference in this regard. Hence, the two groups
can hunt stag together instead of chasing rabbit respectively. Figure 4 is a variation of
Stag Hunt. For the both groups, the strategy of approving the issue or proposal is
strictly dominant, which further boost the odds of this issue or proposal to become
ASEAN’s consensus.
Approve
Figure 4. Intra-ASEAN Game (Hybrid Chicken-Stag Hung)
Reject
Group B
4, 4*
1, 1
3, 2
2, 3
Reject
Approve
Group A
However, it is possible that one group is strongly favorable to this issue or
proposal, but the other group is strongly opposed it. Figure 5 illustrates this situation.
Group A has a strictly dominant strategy to approve the proposal, but Group B has a
strictly dominant strategy to reject it. Under this situation, the consensus cannot be
reached.
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