kevinbinz.com - Fewer Lacunae | Distilled, Integrative Research

Description: Distilled, Integrative Research

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Excerpt From : Frank (1988). Passions within Reason. See Also : Breakdown of Will , Intro to Prisoner’s Dilemma   Content Summary : 1600 words, 8 min read.

Thomas Schelling described a kidnapper who suddenly gets cold feet. He wants to set his victim free, but is afraid he will go to the police. In return for his freedom, the victim gladly promises not to do so. The problem, however, is that both realize it will no longer be in the victim’s interest to keep this promise once he is free. And so the kidnapper reluctantly concludes that he must kill him.