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The theory of repeated games is able to account for phenomena such as altruism, cooperation, trust, loyalty, revenge, threats (self-destructive or otherwise) – phenomena that may at ﬁrst seem irrational – in terms of the “selﬁsh” utility-maximizing paradigm of game theory and neoclassical economics.

— Robert Aumann War and peace (2005)

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More quotes by Robert Aumann

"Interactive Decision Theory" would perhaps be a more descriptive name for the discipline usually called Game Theory.

Robert Aumann (2000)

A person’s behavior is rational if it is in his best interests, given his information.

War and peace (2005)

I think game theory creates ideas that are important in solving and approaching conflict in general.

War has been with us ever since the dawn of civilization. Nothing has been more constant in history than war.

War and peace (2005)

Capitulation, sycophancy, and cowardice will only undermine us... Sometimes, you have to courageously follow your own path and not try to curry favor with anyone.

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