[ExI] putin and the three pirates problem

[Adrian Tymes]

On Mar 3, 2014 9:29 AM, "spike" <spike66 at att.net> wrote:
> The current situation in Ukraine reminds me of that scenario.  Europe
> (including Ukraine) is one participant, (Obama plus the rest of the world)
> is one participant, Putin is the third, and Crimea is the bag of gold.
> Being the dealer, Putin can take as much as he wants now, knowing that
> neither the US nor Europe will fire.

How do you figure?  Europe and the US know that they won't fire at each
other.

> If the situation is vaguely analogous, then I make the following
prediction
> based on what little I know about a Nash equilibrium: Putin will
effectively
> annex Crimea and a broad defensible swath of land either side along the
> shores of the Black Sea, and not a shot will be fired.

You may be right, but because the American military is unable to take
another engagement at this time (it already fired and has yet to reload),
and Europe is unable to project much power (it never loaded the gun it now
has).
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