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Almost all economic and public choice models assume that all people are exclusively pursuing their own material self-interests and do not care about "social" goals per se. Several (laboratory) experiments address the question of the general validity of this assumption. A consistent conclusion...
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Community enforcement is an important device for sustaining efficiency in some repeated games of cooperation. We investigate cooperation when information about players' reputations spreads to their future partners through links in a social network that connects them. We find that information...
Persistent link: https://www.econbiz.de/10011773641
We study the stability properties of organizations in partition function games, describing cooperative situations with externalities. An organization is defined as a group of agents, together with a set of bilateral relations, formally, a connected graph. Because of the presence of...
Persistent link: https://www.econbiz.de/10011597403
trade and FDI are found to have significant impact on the upsurge of labour productivity growth in BRICS, where the …
Persistent link: https://www.econbiz.de/10011374061
This paper examines whether European integration, manifesting itself in increased trade and FDI linkages, new … model endogenous relationships and unveil direct and indirect effects. Trade and FDI prove to have a strong impact on …
Persistent link: https://www.econbiz.de/10011346443
Under India-Korea Comprehensive Economic Partnership Agreement, both India and Korea have offered trade liberalisation … trade between the two countries. Using the Revealed Comparative Advantage (RCA) index, the paper shortlists four sectors of … interest and identifies possibilities of bilateral trade flows in these sectors in the purview of existing domestic regulatory …
Persistent link: https://www.econbiz.de/10010404660
With the ongoing trade normalisation process between India and Pakistan, opportunities to integrate have opened up … segment to focus on in improving trade relations between the two countries. Here, an empirical and theoretical analysis of … India-Pakistan trade using some statistical indicators reveals low levels of current trade but huge trade potential. Since …
Persistent link: https://www.econbiz.de/10010404687
China's economic ties with Russia are deepening, particularly in terms of trade and cross-border lending, but less so …'s largest trading partner, lender and investor. In relation to trade, an analysis of China's increasing export share and the …
Persistent link: https://www.econbiz.de/10012301969