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This article investigates economic performance when enforceable property rights are missing and subsistence needs matter. It shows that if per capita income is sufficiently high, a windfall gain in productivity triggers behavior that leads to higher growth (the normal reaction). The same shock...
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-friendly institutions. -- Social dilemma ; Resource dilemma ; Game theory ; environment ; institutional design …
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commons through institutional change or communication. Teams of five players are placed in a dynamic CPR environment with …
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