precommitment

precommitment
A prior commitment

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  • Precommitment — is a strategy first discussed by Thomas Schelling that a party to a conflict can strengthen its position by cutting off some of its options to make its threats more credible (e.g., an army that burns its bridge behind it making retreat… …   Wikipedia

  • precommitment — adj. * * * …   Universalium

  • precommitment — pre com•mit′ment n …   From formal English to slang

  • precommitment — /prikəˈmɪtmənt/ (say preekuh mitmuhnt) noun 1. an undertaking in advance of the time when one is required to fulfil it. 2. a direction given while of sound mind and health as to one s wishes in the event of ill health or death …  

  • precommitment — adj …   Useful english dictionary

  • precommitment technology — /prikəˌmɪtmənt tɛkˈnɒlədʒi/ (say preekuh.mitmuhnt tek noluhjee) noun a software enhancement of a gaming machine which recognises a user and the upper limit which the user has nominated that they will accept as a loss in a particular session of… …  

  • Coase theorem — In law and economics, the Coase theorem (pronounced /ˈkoʊs/), attributed to Ronald Coase, describes the economic efficiency of an economic allocation or outcome in the presence of externalities. The theorem states that if trade in an externality… …   Wikipedia

  • nonalignment — The political attitude of a state that does not associate or identify itself with the political ideology or objective espoused by other states, groups of states, or international causes, or with the foreign policies stemming therefrom. It does… …   Military dictionary

  • Thomas Schelling — Infobox Scientist name = Thomas Schelling caption = Lecturing at Sharif University of Technology birth date = birth date|1921|04|14|df=yes birth place = Oakland California, USA nationality = United States field = Economics work places = alma… …   Wikipedia

  • Jon Elster — (born 1940) is a Norwegian social and political theorist who has authored works in the philosophy of social science and rational choice theory. He is also a notable proponent of Analytical Marxism, and a critic of neoclassical economics and… …   Wikipedia

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