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Sustaining cooperation : community enforcement vs. specialized enforcement

Acemoglu, Daron; Wolitzky, Alexander - 2015

specialized enforcement technology is sufficiently effective, cooperation is best sustained by a "single enforcer punishment …We introduce the possibility of direct punishment by specialized enforcers into a model of community enforcement … following deviations by regular agent is that such actions, by reducing future cooperation, would decrease the amount of …

Persistent link: https://www.econbiz.de/10011491715

Sustaining cooperation : community enforcement vs. specialized enforcement

Acemoglu, Daron; Wolitzky, Alexander - 2015

Persistent link: https://www.econbiz.de/10011334605

Sustaining cooperation : community enforcement versus specialized enforcement

Acemoglu, Daron; Wolitzky, Alexander - In: Journal of the European Economic Association : JEEA 18 (2020) 2, pp. 1078-1122

Persistent link: https://www.econbiz.de/10012234425

History, expectations, and leadership in the evolution of cooperation

Acemoglu, Daron; Jackson, Matthew O. - 2011

Persistent link: https://www.econbiz.de/10009157644

How Good Are Privacy Guarantees? Platform Architecture and Violation of User Privacy

Acemoglu, Daron; Fallah, Alireza; Makhdoumi, Ali; … - National Bureau of Economic Research - 2023

Many platforms deploy data collected from users for a multitude of purposes. While some are beneficial to users, others are costly to their privacy. The presence of these privacy costs means that platforms may need to provide guarantees about how and to what extent user data will be harvested...

Persistent link: https://www.econbiz.de/10014322800

Moral Hazard and Efficiency in General Equilibrium with Anonymous Trading

Acemoglu, Daron; Simsek, Alp - C.E.P.R. Discussion Papers - 2010

A 'folk theorem' originating, among others, in the work of Stiglitz maintains that competitive equilibria are always or 'generically' inefficient (unless contracts directly specify consumption levels as in Prescott and Townsend, thus bypassing trading in anonymous markets). This paper critically...

Persistent link: https://www.econbiz.de/10008468520

Network Security and Contagion

Acemoglu, Daron; Malekian, Azarakhsh; Ozdaglar, Asuman - National Bureau of Economic Research (NBER) - 2013

We develop a theoretical model of security investments in a network of interconnected agents. Network connections introduce the possibility of cascading failures due to an exogenous or endogenous attack depending on the profile of security investments by the agents. The general presumption in...

Persistent link: https://www.econbiz.de/10010821939

Political Economy in a Changing World

Acemoglu, Daron; Sonin, Konstantin; Egorov, Georgy - National Bureau of Economic Research (NBER) - 2013

We provide a general framework for the analysis of the dynamics of institutional change (e.g., democratization, extension of political rights or repression of different groups), and how these dynamics interact with (anticipated and unanticipated) changes in the distribution of political power...

Persistent link: https://www.econbiz.de/10010950976

Cycles of Distrust: An Economic Model

Acemoglu, Daron; Wolitzky, Alexander - National Bureau of Economic Research (NBER) - 2012

We propose a model of cycles of distrust and conflict. Overlapping generations of agents from two groups sequentially play coordination games under incomplete information about whether the other side consists of "extremists" who will never take the good/trusting action. Good actions may be...

Persistent link: https://www.econbiz.de/10010951006

A Political Theory of Populism

Acemoglu, Daron; Sonin, Konstantin; Egorov, Georgy - National Bureau of Economic Research (NBER) - 2011

When voters fear that politicians may have a right-wing bias or that they may be influenced or corrupted by the rich elite, signals of true left-wing conviction are valuable. As a consequence, even a moderate politician seeking reelection chooses "populist' policies - i.e., policies to the left...

Persistent link: https://www.econbiz.de/10009251515