Precommitment | justin.vc

Schelling Fence

Summary it seems that the concept of a “Schelling fence” is used in the context of precommitment and avoiding slippery slopes. In game theory and decision theory, a precommitment is a strategy or action that an individual or group takes in advance to limit their future options or to signal their future behavior to others. A slippery slope refers to a situation where taking one action can lead to a series of increasingly negative outcomes or consequences....