Threats, promises, and commitments unify as payoff-restricting reaction functions

Evidence

Threats, promises, and unconditional commitments have already been illustrated; a more general “reaction function” is illustrated in the accompanying matrix. If Row can attach adequate penalties to his own selection of any cells other than those starred, he leaves Column a simple maximization problem which Column solves by choosing his third strategy. Row has “won” almost his favorite cell; specifically, he has secured for himself the most favorable cell among those that leave Column no lower than his “minimax” value. This is the generalization of the tactic that, for simple two-way or three-way choices, can be identified as a “commitment,” “threat,” “promise,” or combination of them. — Thomas C. Schelling, The Strategy of Conflict, 783

Categorization

  • DEFINE: Formalizes the unifying concept behind threat/promise/commitment as a selective reduction of one’s own payoffs.
  • XREF: connects to: A fractional commitment blends a threat with a promise — Thomas C. Schelling, The Strategy of Conflict, 411; Warnings differ from threats because warnings convey true incentives without commitment — Thomas C. Schelling, The Strategy of Conflict, 763; Commitment buys first move while threat commits to a second-move response strategy — Thomas C. Schelling, The Strategy of Conflict, 294 (+3 more)

Broader Connections