The ability of groups to implement efficiency-enhancing institutions is emerging as a central theme of research in economics. This paper explores voting on a scheme of intergroup competition which facilitates cooperation in a social dilemma situation. Experimental results show that the...

We survey the empirical literature analysing the process of enterprise restructuring in transition economies. The survey provides new insights into the relative effectiveness of different reform policies, and into how this effectiveness varies across regions. We study the effects of...

Given the rapid acceleration of alliance activity over the past two decades, the nature of alliance formation must now be considered as an essential part of the analysis of a market structure. In many markets, firms tend to ally into clusters, and competition in such markets often shifts to...