Strategic entry deterrence.
Credible commitments.
Thomas C.
Schelling
, 1921-
w
To make a threat credible, a player must make an
irreversible commitment that changes his or her
incentives or constrains his or her action.
w
Ulysses and the Sirens.
w
The Doomsday Device.
Ulysses and the Sirens
b
y
John William Waterhouse
(British, 1849-1917), N
ational Gallery of Victoria,
Melbourne, Australia
.
Peter Sellers in
Dr. Strangelove
(1964).