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What game theory can tell us about the war in Ukraine

As economists specializing in behavioral economics and game theory, we teach strategic concepts from game theory to our business students. The same ideas can help us understand Russia’s current moves, predict its future behavior and derive the best strategies to achieve long-term goals.

By Anastassia Fedyk and David McAdams

Why More Weapons Will Help Ukraine and Russia Negotiate A Lasting Truce

In any negotiation, strong positioning is the most important factor. Assistance from Ukraine’s allies would give Ukraine, the victim, more bargaining power to reach an outcome that might be acceptable. Those who focus on Ukraine making territorial concessions or blame the United States for expanding the war only weaken Ukraine’s bargaining position.
By Anastassia Fedyk

“Diplomatic solution”: What Do These Words Really Mean?

Many commentators have written in the last few weeks that there is no solution to the Russia-Ukraine war other than diplomacy. No one is opposed to diplomacy. However, the key question is what kind of a diplomatic solution do we want to reach?
By Ilona Sologoub, Anastassia Fedyk, and Yuriy Gorodnichenko

Helping Ukraine: How to Donate Effectively

Together with fellow leading Ukrainian economists, we’ve compiled suggestions on how to maximize the impact of individual donations and be sure you’re giving wisely.
By Anastassia Fedyk, and Andrii Parkhomenko

Try our new Ukraine explainer-bot, Viktoriia!