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Image of Social Stability and Catastrophe Risk: Lessons From the Stag Hunt

Journal Articles

Social Stability and Catastrophe Risk: Lessons From the Stag Hunt

Powers, Michael R. - Personal Name; Shen, Zhan - Personal Name;

Had the destruction and suffering visited upon New Orleans by Hurricane Katrina been the result of a terrorist attack, it would have been very successful — not because of the number of innocent lives lost or amount of property destroyed, but rather because of the breakdown of the social order. What better possible outcome could a terrorist envision than planting seeds of doubt regarding the willingness and ability of individuals and government to fulfill their respective roles in the `social contract'? In this article, we employ a class of symmetric, ordinal 2 x 2 games — including the frequently studied Prisoner's Dilemma, Chicken, and Stag Hunt — to model the stability of the social contract in the face of catastrophic changes in social relations. In two alternative analyses, we find that the Stag Hunt provides a relatively stable and efficient normative model for society. These results offer useful insights into the pre- and post-event management of catastrophe risks, especially large-scale terrorist attacks designed to disrupt the social order


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Detail Information
Series Title
Journal of Theoretical Politics
Call Number
-
Publisher
London : Sage Publications., 2008
Collation
-
Language
English
ISBN/ISSN
0951-6298
Classification
-
Content Type
-
Media Type
-
Carrier Type
-
Edition
Vol. 20, No. 4, July 2008. Page 477-497
Subject(s)
Terrorism
Catastrophe Risk
Social Contract
Stag Hunt
Social Stability and Catastrophe Risk
Specific Detail Info
-
Statement of Responsibility
-
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Established in 2003, the Library of Kemitraan was originally designed to record and collect all Kemitraan and grantees publications. However, today it broadly develops and serves more sectors to expand the collection to facilitate research activities, particularly since the inception of the Knowledge and Research Management within Kemitraan.

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