<P> Neoliberalism is not the same as neoliberal economic ideology, although both theories use common methodologies, which include game theory . </P> <P> Neoliberal international relations thinkers often employ game theory to explain why states do or do not cooperate; since their approach tends to emphasize the possibility of mutual wins, they are interested in institutions which can arrange jointly profitable arrangements and compromises . </P> <P> Neoliberalism is a response to neorealism; while not denying the anarchic nature of the international system, neoliberals argue that its importance and effect has been exaggerated . The neoliberal argument is focused on neorealists' alleged underestimation of "the varieties of cooperative behavior possible within...a decentralized system ." Both theories, however, consider the state and its interests as the central subject of analysis; neoliberalism may have a wider conception of what those interests are . </P> <P> Neoliberalism argues that even in an anarchic system of autonomous rational states, cooperation can emerge through the cultivation of mutual trust and the building of norms, regimes and institutions . </P>

Who won the debate between neorealism and neoliberal institutionalism