Which of the following can be used to make threats credible by altering payoffs?
A) Contracts and teamwork.
B) Contracts and loss of reputation.
C) Loss of reputation and burning bridges.
D) Burning bridges and brinksmanship.
E) Brinksmanship and burning bridges.

Question

Quizplus · Accepted Answer

Contracts can be used to alter payoffs by specifying the consequences of non-compliance. Loss of reputation can also be used to alter payoffs by making it more costly for the other party to renege on their commitments.

Which of the Following Can Be Used to Make Threats