Self-commitment strategies
In the game theory sense, self- binding strategies form the basis for successful strategic moves , as they bind the players to their own statements and actions and thus limit or make impossible a possible change of heart or withdrawal. One of the most important strategies is self-commitment and its credibility , which can be strengthened or consolidated, in particular through reputation and written contracts .
Individual evidence
- ↑ See Avinash K. Dixit , Barry J. Nalebuff: Game Theory for Beginners, p. 139 ff.
literature
- Avinash K. Dixit , Barry J. Nalebuff: Game Theory for Beginners - Strategic Know-How for Winners . Schäffer-Poeschel, Stuttgart 1997, ISBN 978-3-7910-1239-1 .