The institutional affiliation
1. An effective threat is cheaper that an effective promise. Explain why this is true. Provide a specific example. Threats and promises are regarded as two main strategic moves used to impact the behavior and actions of others in a bargaining relationship. That type of relationship is considered as a situation where an individual is trying to influence another person’s option of action (McClintock, Stech, & Beggan, 1987). Both threats and promises can be employed within a game-like situation to message a plan of cooperation or to operate other ("Threats, Promises, and Commitments", 2016). For instance, when a parent ...
