{"id":213327,"date":"2026-05-20T10:30:00","date_gmt":"2026-05-20T14:30:00","guid":{"rendered":"https:\/\/ibkrcampus.eu\/campus\/uncategorized\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\/"},"modified":"2026-05-21T08:57:03","modified_gmt":"2026-05-21T08:57:03","slug":"game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/macro\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\/","title":{"rendered":"Game Theory Says Taiwan May Be the World\u2019s Most Dangerous Standoff"},"content":{"rendered":"\n

I\u2019ve long been a student of game theory, the branch of mathematics that studies how rational actors make decisions when their outcomes depend on what everyone else does. It\u2019s a helpful framework for understanding markets and geopolitics, and right now, there\u2019s no better place to apply it than Taiwan.<\/p>\n\n\n\n

The stakes couldn\u2019t have been higher last week as President Donald Trump met with Chinese leader Xi Jinping in Beijing. Xi reportedly warned Trump that \u201cconflicts\u201d could emerge if the two powers mishandle Taiwan.<\/p>\n\n\n\n

Meanwhile, Taiwan\u2019s legislation just approved $25 billion<\/a> in special defense funding. The U.S. cleared an $11 billion arms package last December, with another $14 billion package reportedly waiting in the wings.<\/a><\/p>\n\n\n\n

Chicken on the World Stage<\/strong><\/h3>\n\n\n\n

There\u2019s a famous scenario in game theory called the game of Chicken. Two drivers race toward each other head-on. The one who swerves first loses face but survives. If neither swerves, both are destroyed. The dilemma is that each player wants the other side to blink first, but the cost of miscalculation is catastrophic.<\/p>\n\n\n\n

That\u2019s precisely what\u2019s at stake across the Taiwan Strait.<\/p>\n\n\n\n

China believes reunification with Taiwan is inevitable. Xi sees the island as the \u201ccore of China\u2019s core interests,\u201d<\/a> and Beijing has never taken the use of force off the table.<\/p>\n\n\n\n

On the other side, the U.S. has maintained military and political backing for Taiwan for more than 75 years. Abandoning that commitment would, as one analyst put it,<\/a> trigger a \u201cdisastrous chain reaction\u201d across America\u2019s entire Indo-Pacific alliance system.<\/p>\n\n\n\n

It would also mean surrendering the territory that produces over 90% of the world\u2019s most advanced semiconductors.<\/p>\n\n\n\n

In a textbook game of Chicken, the cost of collision is fixed. Both players know what mutual destruction looks like. But in the Taiwan Strait, the cost of a crash is growing exponentially, and that\u2019s mostly due to artificial intelligence (AI).<\/p>\n\n\n\n

Taiwan\u2019s Semiconductor Dominance<\/strong><\/h3>\n\n\n\n

To put things in perspective, the global semiconductor industry is projected to reach $975 billion in annual sales<\/a> this year, $1 trillion next year. Generative AI chips alone will generate an estimated $500 billion in sales.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

Past performance is not indicative of future results. <\/p>\n\n\n\n

Taiwan Semiconductor Manufacturing Co. (TSMC) alone enjoys a roughly 70% global market share<\/a> in this massive and increasingly important industry. This has helped make it the sixth most valuable company in the world, with a market cap exceeding $2 trillion.<\/p>\n\n\n\n

Apple and NVIDIA alone account for almost 40% of TSMC\u2019s sales. Add in their other customers\u2014Microsoft, Amazon, Alphabet, Meta, Oracle\u2014and the broader equipment supply chain, and you\u2019re looking at roughly $30 trillion in market value<\/a> directly or indirectly tethered to Taiwan\u2019s chip fabrication. TSMC posted an incredible 58% jump in quarterly profits in the first quarter because of the AI boom.<\/p>\n\n\n\n

Taiwan\u2019s economy has likewise boomed. Its GDP grew nearly 14% in the first quarter of this year,<\/a> a 39-year high. In March, exports hit a record of $80.2 billion.<\/a><\/p>\n\n\n\n

The island\u2019s chip dominance, in fact, has become a form of military deterrence many analysts call the \u201csilicon shield.\u201d<\/p>\n\n\n\n

The Cost of War with China<\/strong><\/h3>\n\n\n\n

In game theory, rational players weigh the costs and benefits before making a move. So what does the math actually look like if the so-called silicon shield fails?<\/p>\n\n\n\n

Bloomberg recently modeled five possible scenarios, from outright war to rapprochement, and the numbers are sobering.<\/a> In the worst case, a U.S.-China conflict would cost the global economy roughly $10.6 trillion in the first year alone, representing about 10% of global GDP. That would eclipse both the pandemic and the 2008 financial crisis.<\/p>\n\n\n\n

Those figures may actually underestimate the damage. Remember the pandemic-era chip shortages, which led to empty car lots, appliance backorders and factory shutdowns? As stated by Eyck Freymann,<\/a> a Hoover fellow and author of Defending Taiwan: A Strategy to Prevent War with China, <\/em>the economic shock from a U.S.-China war over Taiwan \u201cwould dwarf anything we\u2019ve seen in the [post-World War II] period.\u201d<\/p>\n\n\n\n

The rivalry has already cost the U.S. trillions even without a single shot being fired. A recent study from Brown University\u2019s Costs of War project estimates that the U.S. government has spent approximately $3.4 trillion<\/a> on its militarized rivalry with China between 2012 and 2024, or about $260 billion a year. That\u2019s roughly 30% of total defense spending over that period, nearly double what the federal government spent on education, and 3.5 times the cumulative budget of the State Department.<\/p>\n\n\n\n

\"Militarized<\/figure>\n\n\n\n

CEOs at the Table<\/strong><\/h3>\n\n\n\n

More than a dozen of America\u2019s most powerful CEOs joined Trump\u2019s delegation to Beijing, including Apple\u2019s Tim Cook, NVIDIA\u2019s Jensen Huang, Tesla\u2019s Elon Musk and Goldman Sach\u2019s David Solomon. The group\u2019s combined net worth is nearly $1 trillion.<\/a><\/p>\n\n\n\n

The summit doesn\u2019t appear to have been a raving success for these U.S. mega-caps. Trump touted \u201cfantastic trade deals,\u201d and NVIDIA shares hit a new record on reports that Washington had cleared 10 Chinese firms to buy its H200 chips. But Beijing hasn\u2019t said if it would permit those sales.<\/p>\n\n\n\n

\"NVIDIA<\/figure>\n\n\n\n

No breakthroughs were made on tariffs or Taiwan either. Xi\u2019s warning about \u201cconflicts\u201d still hangs in the air.<\/p>\n\n\n\n

An Insurance Policy Against Catastrophe<\/strong><\/h3>\n\n\n\n

In game theory, when the cost of collision is high enough, rational actors are more likely to find ways to cooperate. Taiwan\u2019s growing importance to the AI revolution, and the deepening economic ties between Taipei and Washington, may be the best insurance policy the world has against catastrophe.<\/p>\n\n\n\n

But as any game theorist will tell you, rationality is an assumption, not a guarantee. Investors would be wise to keep an eye on the Strait.   <\/p>\n\n\n\n

—<\/p>\n\n\n\n

Originally Posted May 18, 2026 – Game Theory Says Taiwan May Be the World\u2019s Most Dangerous Standoff<\/a><\/p>\n\n\n\n

All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. By clicking the link(s) above, you will be directed to a third-party website(s). U.S. Global Investors does not endorse all information supplied by this\/these website(s) and is not responsible for its\/their content.<\/p>\n\n\n\n

Holdings may change daily. Holdings are reported as of the most recent quarter-end. The following securities mentioned in the article were held by one or more accounts managed by U.S. Global Investors as of (03\/31\/2026): Amazon.com Inc., NVIDIA Corp., Tesla Inc.<\/p>\n","protected":false},"excerpt":{"rendered":"

I\u2019ve long been a student of game theory, the branch of mathematics that studies how rational actors make decisions when their outcomes depend on what everyone else does. It\u2019s a helpful framework for understanding markets and geopolitics, and right now, there\u2019s no better place to apply it than Taiwan.<\/p>\n","protected":false},"author":36,"featured_media":210466,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[146,147,8,12,148,7],"tags":[],"contributors-categories":[224],"class_list":["post-213327","post","type-post","status-publish","format-standard","has-post-thumbnail","category-macro","category-north-america","category-region","category-securities","category-text-articles","category-traders-insight","contributors-categories-us-global-investors"],"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"\nGame Theory Says Taiwan May Be the World\u2019s Most Dangerous Standoff<\/title>\n<meta name=\"description\" content=\"I\u2019ve long been a student of game theory, the branch of mathematics that studies how rational actors make decisions when their outcomes depend on what...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/213327\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Game Theory Says Taiwan May Be the World\u2019s Most Dangerous Standoff\" \/>\n<meta property=\"og:description\" content=\"I\u2019ve long been a student of game theory, the branch of mathematics that studies how rational actors make decisions when their outcomes depend on what everyone else does. It\u2019s a helpful framework for understanding markets and geopolitics, and right now, there\u2019s no better place to apply it than Taiwan.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/macro\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus EU\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-20T14:30:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-21T08:57:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2026\/01\/ai-semiconductor-featured-img.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"563\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Frank Holmes\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Frank Holmes\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t \"@context\": \"https:\\\/\\\/schema.org\",\n\t \"@graph\": [\n\t {\n\t \"@type\": \"Article\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\\\/#article\",\n\t \"isPartOf\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\\\/\"\n\t },\n\t \"author\": {\n\t \"name\": \"Frank Holmes\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/76a97f31492e588de01f76c9f6b1df38\"\n\t },\n\t \"headline\": \"Game Theory Says Taiwan May Be the World\u2019s Most Dangerous Standoff\",\n\t \"datePublished\": \"2026-05-20T14:30:00+00:00\",\n\t \"dateModified\": \"2026-05-21T08:57:03+00:00\",\n\t \"mainEntityOfPage\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\\\/\"\n\t },\n\t \"wordCount\": 1101,\n\t \"commentCount\": 0,\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\\\/#primaryimage\"\n\t },\n\t \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2026\\\/01\\\/ai-semiconductor-featured-img.jpg\",\n\t \"articleSection\": [\n\t \"Macro\",\n\t \"North America\",\n\t \"Region\",\n\t \"Securities\",\n\t \"Text Articles\",\n\t \"Traders' Insight\"\n\t ],\n\t \"inLanguage\": \"en-US\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"CommentAction\",\n\t \"name\": \"Comment\",\n\t \"target\": [\n\t \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\\\/#respond\"\n\t ]\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"WebPage\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\\\/\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\\\/\",\n\t \"name\": \"Game Theory Says Taiwan May Be the World\u2019s Most Dangerous Standoff - IBKR Campus EU\",\n\t \"isPartOf\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#website\"\n\t },\n\t \"primaryImageOfPage\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\\\/#primaryimage\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\\\/#primaryimage\"\n\t },\n\t \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2026\\\/01\\\/ai-semiconductor-featured-img.jpg\",\n\t \"datePublished\": \"2026-05-20T14:30:00+00:00\",\n\t \"dateModified\": \"2026-05-21T08:57:03+00:00\",\n\t \"author\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/76a97f31492e588de01f76c9f6b1df38\"\n\t },\n\t \"description\": \"I\u2019ve long been a student of game theory, the branch of mathematics that studies how rational actors make decisions when their outcomes depend on what everyone else does. It\u2019s a helpful framework for understanding markets and geopolitics, and right now, there\u2019s no better place to apply it than Taiwan.\",\n\t \"breadcrumb\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\\\/#breadcrumb\"\n\t },\n\t \"inLanguage\": \"en-US\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"ReadAction\",\n\t \"target\": [\n\t \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\\\/\"\n\t ]\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"ImageObject\",\n\t \"inLanguage\": \"en-US\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\\\/#primaryimage\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2026\\\/01\\\/ai-semiconductor-featured-img.jpg\",\n\t \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2026\\\/01\\\/ai-semiconductor-featured-img.jpg\",\n\t \"width\": 1000,\n\t \"height\": 563\n\t },\n\t {\n\t \"@type\": \"BreadcrumbList\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\\\/#breadcrumb\",\n\t \"itemListElement\": [\n\t {\n\t \"@type\": \"ListItem\",\n\t \"position\": 1,\n\t \"name\": \"Home\",\n\t \"item\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/\"\n\t },\n\t {\n\t \"@type\": \"ListItem\",\n\t \"position\": 2,\n\t \"name\": \"Game Theory Says Taiwan May Be the World\u2019s Most Dangerous Standoff\"\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"WebSite\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#website\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/\",\n\t \"name\": \"IBKR Campus EU\",\n\t \"description\": \"\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"SearchAction\",\n\t \"target\": {\n\t \"@type\": \"EntryPoint\",\n\t \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/?s={search_term_string}\"\n\t },\n\t \"query-input\": {\n\t \"@type\": \"PropertyValueSpecification\",\n\t \"valueRequired\": true,\n\t \"valueName\": \"search_term_string\"\n\t }\n\t }\n\t ],\n\t \"inLanguage\": \"en-US\"\n\t },\n\t {\n\t \"@type\": \"Person\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/76a97f31492e588de01f76c9f6b1df38\",\n\t \"name\": \"Frank Holmes\",\n\t \"description\": \"Frank Holmes is CEO and CIO of U.S. Global Investors. He also serves as Executive Chairman to HIVE Blockchain Technologies.\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/author\\\/frank-holmes\\\/\"\n\t }\n\t ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Game Theory Says Taiwan May Be the World\u2019s Most Dangerous Standoff","description":"I\u2019ve long been a student of game theory, the branch of mathematics that studies how rational actors make decisions when their outcomes depend on what...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/213327\/","og_locale":"en_US","og_type":"article","og_title":"Game Theory Says Taiwan May Be the World\u2019s Most Dangerous Standoff","og_description":"I\u2019ve long been a student of game theory, the branch of mathematics that studies how rational actors make decisions when their outcomes depend on what everyone else does. It\u2019s a helpful framework for understanding markets and geopolitics, and right now, there\u2019s no better place to apply it than Taiwan.","og_url":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/macro\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\/","og_site_name":"IBKR Campus EU","article_published_time":"2026-05-20T14:30:00+00:00","article_modified_time":"2026-05-21T08:57:03+00:00","og_image":[{"width":1000,"height":563,"url":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2026\/01\/ai-semiconductor-featured-img.jpg","type":"image\/jpeg"}],"author":"Frank Holmes","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Frank Holmes","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\/#article","isPartOf":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\/"},"author":{"name":"Frank Holmes","@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/76a97f31492e588de01f76c9f6b1df38"},"headline":"Game Theory Says Taiwan May Be the World\u2019s Most Dangerous Standoff","datePublished":"2026-05-20T14:30:00+00:00","dateModified":"2026-05-21T08:57:03+00:00","mainEntityOfPage":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\/"},"wordCount":1101,"commentCount":0,"image":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2026\/01\/ai-semiconductor-featured-img.jpg","articleSection":["Macro","North America","Region","Securities","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\/","url":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\/","name":"Game Theory Says Taiwan May Be the World\u2019s Most Dangerous Standoff - IBKR Campus EU","isPartOf":{"@id":"https:\/\/ibkrcampus.eu\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\/#primaryimage"},"image":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2026\/01\/ai-semiconductor-featured-img.jpg","datePublished":"2026-05-20T14:30:00+00:00","dateModified":"2026-05-21T08:57:03+00:00","author":{"@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/76a97f31492e588de01f76c9f6b1df38"},"description":"I\u2019ve long been a student of game theory, the branch of mathematics that studies how rational actors make decisions when their outcomes depend on what everyone else does. It\u2019s a helpful framework for understanding markets and geopolitics, and right now, there\u2019s no better place to apply it than Taiwan.","breadcrumb":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\/#primaryimage","url":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2026\/01\/ai-semiconductor-featured-img.jpg","contentUrl":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2026\/01\/ai-semiconductor-featured-img.jpg","width":1000,"height":563},{"@type":"BreadcrumbList","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/game-theory-says-taiwan-may-be-the-worlds-most-dangerous-standoff\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.interactivebrokers.eu\/campus\/"},{"@type":"ListItem","position":2,"name":"Game Theory Says Taiwan May Be the World\u2019s Most Dangerous Standoff"}]},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.eu\/campus\/#website","url":"https:\/\/ibkrcampus.eu\/campus\/","name":"IBKR Campus EU","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.eu\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/76a97f31492e588de01f76c9f6b1df38","name":"Frank Holmes","description":"Frank Holmes is CEO and CIO of U.S. Global Investors. He also serves as Executive Chairman to HIVE Blockchain Technologies.","url":"https:\/\/www.interactivebrokers.eu\/campus\/author\/frank-holmes\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2026\/01\/ai-semiconductor-featured-img.jpg","_links":{"self":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts\/213327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/comments?post=213327"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts\/213327\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/media\/210466"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/media?parent=213327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/categories?post=213327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/tags?post=213327"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/contributors-categories?post=213327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}