Tag: Strategic Interaction
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Cui Bono
Derived from Roman legal traditions, “Cui Bono” translates as “To whom is it a benefit?”. Historically used to discern motives by pinpointing beneficiaries, it’s now a widely-used tool for navigating complex societal and economic dynamics.
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Schelling Point
In game theory, a Schelling point describes an intuitive focal solution people gravitate towards without direct communication. Named after its progenitor, economist Thomas Schelling, its reach extends to realms like negotiations, economics, and international affairs, driven by common societal frameworks and references.