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Credibility, Deterrence, and Compellence

Lecture no. 11 from the course: Games People Play: Game Theory in Life, Business, and Beyond

Credibility, Deterrence, and Compellence

Taught by Professor Scott P. Stevens | 31 min | Categories: The Great Courses Plus Online Economics & Finance Courses

This lecture explains how a player best gains credibility for a threat, promise, or commitment and also explores how these strategic moves are most commonly and advantageously used for deterrence (meant to maintain the status quo) and compellence (meant to change it).


August 21, 2017
Today's lecture - like the rest of this course - is quite relatable to modern politics.