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Did Ethelred the Unready make optimal choices when paying Danegeld to Svein Forkbeard? Viking Age England and game theory

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Rationality and Society

Published online on

Abstract

Rationality and Society, Ahead of Print.
King Ethelred’s repeated payments to Viking armies are often portrayed as evidence of political weakness and strategic failure. This paper reinterprets these actions within a rational choice framework, asking whether Ethelred the Unready acted optimally ...