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Words: | Submitted: Mon Jun 19 2006
... the author then explains the workings of the "game theory" metaphor - DD being the worst case scenario for both parties (where a break off in negotiations could destroy Hong Kong), DC being the best scenario for both parties (where greater political control would mean greater economic benefit from Hong Kong for one state and less for the other), CC being the second best outcome (where political sharing would be achieved) and CD being the second worst scenario (where conceding to the other party would mean only receiving benefits as a trading partner of Hong Kong). This game described in the article can be called the game of "Chicken". Player B - Great Britain C D 3,3 2,4 4,2 1,1 Throughout the article, the author makes good use of the "game theory" metaphor in explaining and reasoning the actions and negotiation tactics used by both parties - why Great Britain brought up the issue of negotiations ...
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