Playing a Losing Game of Chicken in Egypt

Nov 23

The problem in Egypt is that there is a giant ultimatum game going on, with the opposition threatening to deny the legitimacy of the constitution by walking out and convincing the SCC to invalidate the CA; well, it turns out that Morsi knows how to deploy a tit-for-tat strategy in the context of an ultimatum game, and people are surprised.  Hmm. 

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