The assumption of rational behavior pervades and permeates academic and practitioner circles. Some, however, may find such broad-sweeping generalizations questionable and dubious – perhaps reflecting a more skeptical view of an uncertain world involving clashes of civilizations, cultures, and costs.
One virtue underlying the assumption of a world full of rational choice actors is that such sweeping assumption helps create a framework from which to categorize and analyze among a seemingly vast and expanding universe of information under the greater rubric of strategies. Such strategies covered in this chapter include Prisoner’s Dilemma, dominant strategy, mutually assured destruction, tit-for-tat, strategic points, and strategic information. This chapter’s surveyed strategies provide useful guidance into knowing when to stay calm and carry on.