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Game Theory 101 (#23): Commitment Problems

A 6-minute video by William Spaniel about game theory and strategy, on the Game theory shelf. It came up in r/AskSocialScience, in a thread called “I'm William Spaniel, Creator of Game Theory 101 and Researcher of Nuclear Weapons (and Baseball...). Ask Me Anything!”.

William Spaniel, Video, 6 min, 2012, on the Game theory shelf

Commitment problems: why parties fail to reach mutually beneficial deals.