A game theoretic analysis for Ladakh standoff is presented in this article. Starting with Prisoner’s Dilemma (PD) game, a more flexible game, known as De-escalation game is derived by incorporating the concepts of retaliation and non-escalation probabilities in the PD game. It is shown that by including these concepts, many new possibilities open up for India, which permit it to impose penalty on the aggressor.
China’s Response to Indo-Pacific Economic Framework
Beijing’s pushback against the Washington-backed Indo-Pacific Economic Framework is likely to result in an intense regional geo-economic competition.