在动态(吓阻进入)赛局中,能让对手相信为可信承诺(credible commitment)的策略,才可收到事先吓阻的效果。策略若要成为可信之承诺,应有具沈没成本或事后不易更动等特性。
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...ational and incomplete contract):尤其强调第三方在证实合约义务的执行方面 的困难,在该领域,可信的承诺(credible commitments) 和自我履行的承诺(self-enforcing commitments)是重 要的话题.
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In particular the combination of a continued fiscal stimulus and a credible commitment to consolidation struck the right balance.
尤其是混合了持续的财政刺激和扎实的巩固政策的应对方案,其中的平衡把握得非常好。
Before the next boom gets under way, the Fed needs a credible commitment to limiting leverage and raising interest rates and doing what is necessary to shock people out of cloud-cuckoo land.
在下一个繁荣时期开启之前,美联储需要做出可靠的承诺:限制杠杆率、提高利率、并采取必要行动将人们从乌托邦的幻境中惊醒。
If the commitment was credible and panic abated, the ECB might not have to buy many bonds and would make a profit on those that it did.
如果这些承诺能实施并且恐慌情绪有所好转,那么欧洲央行可能不用买这么多债券而且还能从所买进的获得利润。
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