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Wallenstein’s Power Problem and Its Consequences

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Abstract

This paper wants to be both: an introduction to game-theoretical thinking as well as a game-theoretical discussion of Schiller’s Wallenstein. Note that the intention of this article is to convince theatergoers and people who work in the theatrical arts that it is worthwhile to study some game theory. Others will hopefully profit from the unusual Wallenstein interpretation. It is not this article’s purpose to teach game theorists, but rather to inspire applications. The drama is depicted as a game and consequently submitted to a formal analysis that is based on the economic concept of rationality. Weber’s definition of power is operationalized and applied to Wallenstein’s decision situation.

Suggested Citation

  • Manfred J. Holler & Barbara Klose-Ullmann, 2008. "Wallenstein’s Power Problem and Its Consequences," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 2(3), pages 197-218, December.
    • Handle: RePEc:fau:aucocz:au2008_197
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    File URL: http://auco.fsv.cuni.cz/storage/45_2008_03_197.pdf
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    References listed on IDEAS

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    1. Wittman, Donald, 1985. "Counter-intuitive results in game theory," European Journal of Political Economy, Elsevier, vol. 1(1), pages 77-89.
    2. Luciano Andreozzi, 2004. "Rewarding Policemen Increases Crime. Another Surprising Result from the Inspection Game," Public Choice, Springer, vol. 121(1), pages 69-82, October.
    3. Tsebelis, George, 1989. "The Abuse of Probability in Political Analysis: The Robinson Crusoe Fallacy," American Political Science Review, Cambridge University Press, vol. 83(1), pages 77-91, March.
    4. Holler, Manfred J, 1993. "Fighting Pollution When Decisions Are Strategic," Public Choice, Springer, vol. 76(4), pages 347-356, August.
    5. Holler, Manfred J., 1990. "The unprofitability of mixed-strategy equilibria in two-person games : A second folk-theorem," Economics Letters, Elsevier, vol. 32(4), pages 319-323, April.
    6. Luciano Andreozzi, 2002. "Oscilliations in the Enforcement of Law: an Evolutionary Analysis," Homo Oeconomicus, Institute of SocioEconomics, vol. 18, pages 403-428.
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    More about this item

    Keywords

    Power; bargaining; mixed-strategy Nash equilibrium; theater; Wallenstein;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • K00 - Law and Economics - - General - - - General (including Data Sources and Description)

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