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Using the framework of game theory, how can parents do a better job at making their threat to punish bad behavior credible? Using the framework
Using the framework of game theory, how can parents do a better job at making their threat to punish bad behavior credible? Using the framework of game theory, explain how you would deal with this situation. How would you specifically structure a threat to punish a child's actions. Your answer can be written out or use a matrix format of pay-offs and outcomes.
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