Rational agreement operates through shared psychic expectations, not mathematical reasoning

Evidence

We are dealing here with the players’ shared appreciations, preoccupations, obsessions, and sensitivities to suggestion, not with the resources that they can draw on when necessary. If the phenomenon of “rational agreement” is fundamentally psychic—convergence of expectations—there is no presumption that mathematical game theory is essential to the process of reaching agreement, hence no basis for presuming that mathematics is a main source of inspiration in the convergence process. — Thomas C. Schelling, The Strategy of Conflict, 275

Categorization

  • DEEPTHINKING: Schelling’s radical claim that even ‘rational’ agreement is fundamentally psychic rather than mathematical is a paradigm-challenging insight about the microfoundations of coordination.
  • XREF: connects to: Any coordinated expectation is rational regardless of how the players arrived at it — Thomas C. Schelling, The Strategy of Conflict, 653; Being rational, informed, and in control is not always strategic — Thomas C. Schelling, The Strategy of Conflict, 52; Unilateral, non-reciprocal communication can coordinate both parties’ expectations — Thomas C. Schelling, The Strategy of Conflict, 201 (+8 more)

Broader Connections