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Crime and Punishment: Are One-Shot, Two-Person Games Enough?

William T. Bianco, Peter C. Ordeshook and George Tsebelis
The American Political Science Review
Vol. 84, No. 2 (Jun., 1990), pp. 569-586
DOI: 10.2307/1963536
Stable URL: http://www.jstor.org/stable/1963536
Page Count: 18
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Crime and Punishment: Are One-Shot, Two-Person Games Enough?
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Abstract

George Tsebelis argued in the March 1989 issue of this Review that decision theory is completely appropriate for analyzing games against nature but not appropriate for dissecting games against a rational opponent. Analysts who mistake a rational opponent for nature in constructing models commit what Tsebelis calls @'the Robinson Crusoe fallacy.@' In this controversy, William Bianco and Peter Ordeshook attack components of Tsebelis's argument. Bianco believes the model should be set up as an iterated, rather than a one-shot, game. Ordeshook feels that proper modeling cannot rely merely on two-person games and, in addition, he argues that Tsebelis commits some technical errors. In his reply, Tsebelis joins the issues and buttresses his original analysis.

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