Alastair Smith

James D. Morrow

Bruce Bueno De Mesquita

Randolph M. Siverson

The authors of this ambitious book address a fundamental political question: why are leaders who produce peace and prosperity turned out of office while those who preside over corruption, war, and misery endure? Considering this political puzzle, they also answer the related economic question of why some countries experience successful economic development and others do not. The authors construct a provocative theory on the selection of leaders and present specific formal models from which their central claims can be deduced. They show how political leaders allocate resources and how institutions for selecting leaders create incentives for leaders to pursue good and bad public policy. They also extend the model to explain the consequences of war on political survival. Throughout the book, they provide illustrations from history, ranging from ancient Sparta to Vichy France, and test the model against statistics gathered from cross-national data. The authors explain the political intuition underlying their theory in nontechnical language, reserving formal proofs for chapter appendixes. They conclude by presenting policy prescriptions based on what has been demonstrated theoretically and empirically.

The Logic of Political Survival

A theory of politics that looks at what did not happen—or non-events—to explain policy change, economic development, democratization, and “autocratization.” Anticipating Instability puts forward a general theory of politics that attempts to explain the very many destabilizing political events in history that did not happen. Although most of us do not pay close attention to what did not occur, research shows that fear of non-events does more to redefine how people are governed than does the actual realization of coups and revolutions. In unraveling the dogs that didn’t bark, Bruce Bueno de Mesquita and Alastair Smith analyze how, when, and why leaders who believe their hold on power is at risk focus their political survival efforts on adjusting their policy choices or shifting their government’s accountability. Such adjustments are the essential factors that determine whether a society becomes freer, more transparent, and prosperous—or more oppressive, corrupt, and impoverished. The book is unique in that it develops a general theory of politics using game theory reasoning and then tests dozens of hypotheses derived from the theory’s logic using both statistical methods and illustrative case studies.

Assessing and Removing Risks Before They Happen

Anticipating Instability

Bruce Bueno de Mesquita is a master of game theory, which is a fancy label for a simple idea: People compete, and they always do what they think is in their own best interest. Bueno de Mesquita uses game theory and its insights into human behavior to predict and even engineer political, financial, and personal events. His forecasts, which have been employed by everyone from the CIA to major business firms, have an amazing 90 percent accuracy rate, and in this dazzling and revelatory book he shares his startling methods and lets you play along in a range of high-stakes negotiations and conflicts. Revealing the origins of game theory and the advances made by John Nash, the Nobel Prize—winning scientist perhaps best known from A Beautiful Mind, Bueno de Mesquita details the controversial and cold-eyed system of calculation that he has since created, one that allows individuals to think strategically about what their opponents want, how much they want it, and how they might react to every move. From there, Bueno de Mesquita games such events as the North Korean disarmament talks and the Middle East peace process and recalls, among other cases, how he correctly predicted which corporate clients of the Arthur Andersen accounting firm were most likely engaged in fraudulent activity (hint: one of them started with an E). And looking as ever to the future, Bueno de Mesquita also demonstrates how game theory can provide successful strategies to combat both global warming (instead of relying on empty regulations, make nations compete in technology) and terror (figure out exactly how much U.S. aid will make Pakistan fight the Taliban). But as Bueno de Mesquita shows, game theory isn’t just for saving the world. It can help you in your own life, whether you want to succeed in a lawsuit (lawyers argue too much the merits of the case and question too little the motives of their opponents), elect the CEO of your company (change the system of voting on your board to be more advantageous to your candidate), or even buy a car (start by knowing exactly what you want, call every dealer in a fifty-mile radius, and negotiate only over the phone). Savvy, provocative, and shockingly effective, The Predictioneer’s Game will change how you understand the world and manage your future. Life’s a game, and how you play is whether you win or lose.

Using the Logic of Brazen Self-Interest to See and Shape the Future

The Predictioneer's Game

Professor Brian D Joseph

Perspectives on Language Conflict, Language Competition, and Language Coexistence

When Languages Collide

Bruce Bueno De Mesquita

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