Tushar Vashnavi

43%
Flag icon
Although two parties may not trust each other when the stakes are large, if the problem of commitment can be reduced to a small enough scale, then the issue of credibility will resolve itself. The threat or promise is broken up into many pieces, and each one is solved separately. Honor among thieves may be restored if they have to trust each other only a little bit at a time.
The Art of Strategy: A Game Theorist's Guide to Success in Business and Life
Rate this book
Clear rating
Open Preview