Reference no: EM13873954

Consider the following games.

In each case,

(i) identify which player can benefit from making a strategic move,

(ii) identify the natu re of the strategic move appropriate for this purpose,

(iii) discuss the conceptual and practical difficulties that will arise in the process of making this move credible, and

(iv) discuss whether and how the difficulties can be overcome.

(a) The other countries of the European Monetary Union (France, Ger­ many, and so on) would like Britain to join the common currency and the common central bank.

(b) The United States would like North Korea to stop exporting missiles and missile technology to countries such as Iran and would like China to join the United States in working toward this aim.

(c) The United Auto Workers would like U.S. auto manufacturers not to build plants in Mexico and would like the U.S. government to restrict imports of autos made abroad.

(d) The students at your university or college want to prevent the adminis­ tration from raising tuition.

(e) Most participants, as well as outsiders, want to achieve a durable peace in situations such as those in Northern Ireland and the Middle East.