Sentence examples for commitment device from inspiring English sources

The phrase "commitment device" is correct and usable in written English.
It's a term used in economics to refer to an agreement that binds a person to a certain action. For example, you might use a commitment device when trying to save money; you agree to put a certain amount of your salary into savings each month, and the commitment device keeps you from spending it instead.

Exact(33)

Now that's a commitment device.

Fifth, they lack a commitment device, to keep us honest.

It's what behavioral economists call a "commitment device" — a way of insuring that you'll live up to your promises.

It's what behavioral economists call a "commitment device"—a way of insuring that you'll live up to your promises.

In other words, the researchers found no evidence that the commitment device had any effect on students' behavior.

Human babies need lots of post-natal care, but once they've been weaned, the innate commitment device yoking their parents together can safely be switched off.

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Similar(27)

So how are all these commitment devices working?

Rules provide commitment devices — like 10-point plans to stop drinking.

Some programs that use commitment devices leverage one bias to counteract another.

It is hard to think of anyone who employs commitment devices as avidly as the overweight American.

In an environment where individuals suffer from temptation and self-control problems, there are induced preferences for commitment devices.

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