Talk:Commitment device

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Relation to precommitment article

The concept of "commitment devices" is sufficiently distinct from the concept of "precommitment" to deserve its own page. Numerous sources indicate it is sufficiently notable for a page to be started. It is an important concept in the fields of economics, decision-making, and game theory. Therefore, I initiated an independent page for it. -- Maxz0r Rackham

Dubner

Dubner is a journalist, not an economist - see http://stephenjdubner.com/bio.html 90.181.189.59 (talk) 16:33, 17 October 2011 (UTC)[reply]

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Example of Han Xin

I know, it's an OR argument. Anyway: Commitment devices are all around defined by steering your own future decisions in favour to a prefered one.

When Han Xin positioned his soldiers at the riverbank, he steered the decision (not fleeing but fighting) for other people.

In this reading every prison sentence would be a commitment device, and so much more actions of limiting other's decisions in future. I guess that's not in the spirit of the inventor. --Hæggis (talk) 10:21, 7 January 2020 (UTC)[reply]

The same as Strotz' precommitment

There is an example given of Odysseus, whose symbolism was used first by Strotz, not Lewitt-Dubner. You should write that this technique was developed by Strotz ("Myopia and Inconsistency in Dynamic Utility Max", 1956). Pawel.jamiolkowski (talk) 04:35, 26 September 2022 (UTC)[reply]