According to the textbook,one possible way of solving the commitment problem in the kidnapping game is for the victim to:
A)give the kidnapper a blank check.
B)promise never to reveal the kidnapper's identity.
C)offer to cut off one finger to show his sincerity.
D)do something illegal and allow the kidnapper to record it.

Question

Quizplus · Accepted Answer

A commitment device changes incentives to overcome the commitment problem.Doing something that allows the kidnapper to blackmail the victim makes a promise credible.

According to the Textbook,one Possible Way of Solving the Commitment