In the arms race between India and Pakistan, each country must decide whether to keep building up its own arsenal or to stop spending money on arms and try to reach peace with the other country. Both will benefit most if each stops building up armaments, but each country is worried that if it stops spending money on weapons, the other one will keep buying weapons and gain an advantage. This situation is a real-world example of the

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The situation described is a classic example of the prisoner's dilemma in game theory, where both countries are incentivized to choose the option that seems to benefit them individually, but that leads to a suboptimal outcome for both when considered jointly. The best course of action would be for both countries to cooperate and stop building up arms, but given the lack of trust between them, this is unlikely to happen without some form of external intervention or negotiation.

In the Arms Race Between India and Pakistan, Each Country