Realist approach (hegemonic stability theory) does not adequately explain the. phenomenon of cooperation in international relations. 19 He critiques hegemonic. stability theories in order to develop an approach that provides a more complete. explanation of international cooperation. The problem of cooperation in general, and arms races in particular, can be modeled with game theory. Game theory is an approach to the study of interdependent decision-making, often called strategic interaction, developed by mathematicians and economists. INTERNATIONAL RELATIONS THEORY 2: COOPERATION, INSTITUTIONS & DEVELOPMENT POLI / is the second part of the Department’s two‐course survey of International Relations theory for graduate students (and—by permission—well‐prepared, advanced undergraduates).
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