Thomas Schelling

Thomas Schelling was an influential economist and strategist known for his work in game theory and behavioral economics. He demonstrated how individuals can make decisions in situations where their outcomes depend on the choices of others. One notable concept he introduced is the "tipping point," which explains how small actions can lead to significant social changes. Schelling's insights on cooperation, conflict, and negotiation have been applied to various fields, including international relations and public policy, highlighting how understanding incentives can shape human behavior in competitive or cooperative scenarios.