Journal of Economic Literature

Book Reviews

2026-08-28

Benjamin E. Hermalin of U of CA, Berkeley reviews “Strategies of Commitment and Other Essays” by Thomas C. Schelling,. The EconLit Abstract of the reviewed work begins “Nineteen papers, some previously published, explore commitment and the paradoxes it creates in economics and politics. Papers focus on climate and society; commitment as self-command; economics and social policy; weapons and warfare; social dynamics; and decisions of the highest order. Schelling is Professor Emeritus and Distinguished University Professor, Economics and Public Policy, University of Maryland and Lucius N. Littauer Professor of Political Economy, Emeritus, Harvard University. Index.”

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DOI https://doi.org/10.1257/jel.45.1.165.r2