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Threats, Promises, and Commitments

Lecture no. 10 from the course: Games People Play: Game Theory in Life, Business, and Beyond

Threats, Promises, and Commitments

Taught by Professor Scott P. Stevens | 29 min | Categories: The Great Courses Plus Online Economics & Finance Courses

Can you gain an advantage by moving before, the game begins? Such actions, called "strategic moves," can be both effective and dangerous. You learn the three categories of strategic moves—commitments, threats, and promises—and the essential requirement for their success: credibility.


March 17, 2017
This is greatest course ever!!!