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Preferred term

credible commitment  

Definition

  • Individuals are generally assumed to choose rationally in ways that make themselves better off. However, there are times when a political actor can benefit by denying himself or herself, early in a political interaction, the option of choosing self-serving actions later on. [Source: International Encyclopedia of Political Science; Credible Commitment]

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https://concepts.sagepub.com/social-science/concept/credible_commitment

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