Credible commitment problems are characterized by a temporal dimension (someone makes a promise today that she does not have an interest in keeping tomorrow) and by the fact that the person making the promise is not the one to benefit from the promise being kept. What are some mechanisms for dealing with credible commitment problems?
A. enforceable contracts
B. repeated interactions
C. institutions that alter the distribution of power
D. all of these
D. all of these
Political Science
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It has long been argued by foreign policy experts that a dominant global power, or ________ is required to maintain the stability of the international system
a. stabilizer b. balancer c. hegemon d. superpower
Political Science
__________ politics is a policy in which one small group benefits and almost everybody pays.
A. Interest group B. Majoritarian C. Client D. Entrepreneurial E. Logrolling
Political Science