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A '''threat''' is the communication to a person of the [[intent]] of [[aggression]] against that person.
A '''threat''' is the communication to a person of the [[intent]] of [[aggression]] against that person. [[Stephan Kinsella]] has argued that there are limits to how useful [[armchair reasoning]] about hypothetical threats can be.<ref>{{cite web|url=http://archive.mises.org/5391/the-limits-of-armchair-theorizing-the-case-of-threats/|title=The Limits of Armchair Theorizing: The case of Threats|author=Kinsella, Stephan|date=27 July 2006|publisher=Mises Economics Blog}}</ref>


== Game Theory ==
== Game Theory ==

Revision as of 05:58, 24 October 2013

A threat is the communication to a person of the intent of aggression against that person. Stephan Kinsella has argued that there are limits to how useful armchair reasoning about hypothetical threats can be.[1]

Game Theory

In game theory a threat is a response rule that punishes others who fail to cooperate with you. It is a strategic move in the sense that it limits the options of the person making the threat and creates control in a situation, compelling another to cooperate.[2]

References

  1. Kinsella, Stephan (27 July 2006). "The Limits of Armchair Theorizing: The case of Threats". Mises Economics Blog. http://archive.mises.org/5391/the-limits-of-armchair-theorizing-the-case-of-threats/. 
  2. Avinash K. Dixit and Barry J. Nalebuff, Thinking Strategically (New York, NY: 1991) 124-125