This paper uses an algebraic model in conjunction with an extended strategy game to prove that the passage of Chinese Anti-Secession bill was empirically and scientifically sound.
Written in 2005; 1,812 words; 5 sources; APA; $ 58.95
Paper Summary:
This paper explains the dynamic history of the China-Taiwan relationship especially the controversial Chinese Anti-Secession bill, particularly Article 8, which states that, after exhausting all other avenues, China reserves the right to use military force or embargo to bring the situation with Taiwan to a close, conditional on Taiwan actually declaring independence. The author creates a game with nominal payoffs (a, b,c) creating a situation where China, assumed to be a rational actor, would most prefer, for example, say "c" but could risk getting a payoff of "b". The paper relates that, after computing the minimum threshold using expected utility formulas, arriving at a non-numerical solution, a probability value shows that China was rational in its decision to pass the bill since it saw its chances of being reprimanded by the international community as being much lower than is seen by the international community. Graphy. Formula.
From the Paper:
"Those supporting Taiwan in this conflict are the US and Japan, and from this US alliance we could see countries like New Zealand and Australia come to Taiwan's aide if the US decides to invoke the conditions of the ANZUS treaty signed in 1951 . Among those supporting China's position are countries like Pakistan , North Korea, and Russia . If the bill was interpreted as a hostile war bill instead of a "fence-mending" bill as China claims it to be, the global community could formally and militarily become involved in the conflict. Setting aside this possible military threat, China must also weigh the economic consequences, with reaction from the global community that could include sanctions."
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