Sherstyuk, Katerina; Tarui, Nori; Ravago, Majah-Leah V. - School of Economics and Management, Kochi University of … - 2014
Dynamic externalities are at the core of many long-term environmental problems, from species preservation to climate … intergenerational games. We show that if decision makers change across generations, resolving dynamic externalities becomes more … change mitigation. We use laboratory experiments to compare welfare outcomes and underlying behavior in games with dynamic …