Books

Cambridge, MA: Harvard University Press, 1960. First edition of this work that pioneered the study of bargaining and strategic behavior. Octavo, original yellow cloth. Presentation copy, inscribed by Thomas Schelling on the title page. Near fine in a very good dust jacket that has some chipping and wear to the extremities. Rare in the original dust jacket and inscribed. Against the backdrop of the nuclear arms race in the late 1950s, Thomas Schelling's book The Strategy of Conflict set forth his vision of game theory as a unifying framework for the social sciences. Schelling showed that a party can strengthen its position by overtly worsening its own options, that the capability to retaliate can be more useful than the ability to resist an attack, and that uncertain retaliation is more credible and more efficient than certain retaliation. These insights have proven to be of great relevance for conflict resolution and efforts to avoid war. Schelling's work prompted new…