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1. It's August, 1914. The Central Powers and the Allies are playing the game of chicken, with the following material payoffs: The interpretation of these
1. It's August, 1914. The Central Powers and the Allies are playing the game of \"chicken,\" with the following material payoffs: The interpretation of these material payoffs is as follows. Each side can either \"dare\" to commit to war, or \"chicken out\" and give in to the other side's demands but avoiding war. If both sides dare, a disastrous war follows. If one side dares and the other chickens out, the daring side gains in imperial power at the expense of the other side. If both chicken out, the status quo remains
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