Yesterday’s post on accountability and South Korean aid to the North got me thinking about game theory again. The South Korean Ministry of Unification has a dominant strategy to lend/give/invest in North Korea for ostensibly two reasons: 1. If the MoU does not, their raison d’etre goes away.  2. South Korea will ultimately see a payoff if a development strategy works in the DPRK. … Continue reading The gratuitous game theory of official support