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Author Question: Credible promises and hostage mechanisms can support a continuous stream of cooperative exchanges ... (Read 61 times)

nelaaney

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on: Jul 1, 2018
Credible promises and hostage mechanisms can support a continuous stream of cooperative exchanges except when
 a. the promisor is better off fulfilling than ignoring his promise
  b. neither party has a prior dominant strategy
  c. the hostage can be revoked for just causes
  d. the hostage is more valuable than any given exchange
  e. the hostage is difficult to replace

Question 2

In the sequential negotiation games:
 a. You can induce a change in the strategy in your opponent only if your threat is believed
  b. Any threat can induce a change in strategy in your opponent
  c. A threat that is believed is one that you will not have to carry out
  d. A and C


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fatboyy09

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

d


nelaaney

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Reply 2 on: Jul 1, 2018
Gracias!

emsimon14

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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