reciprocal exchange to lifetime employment, from relational governance to corruption/collusion. We study how agents …. The aversion to intertemporal substitution, a regular feature of real world agents, facilitates cooperation by decreasing …. Access to goods’ markets and ‘money’ may then hinder cooperation by undoing these effects, allowing agents to save and …

detailed firm-level data from India, we provide the first evidence on the patterns of multi-product firm production in a large …-section, multi-product firms in India look remarkably similar to their U.S. counterparts, confirming the predictions of recent … churning - particularly product rationalization - is far less common in India. We thus find little evidence of "creative …

This paper reviews the evidence about the effects of urbanisation and cities on productivity and economic growth in …

Our results on the relationship between R&D spillovers and cooperation in R&D suggest that it is necessary to …

lead to a unique equilibrium path where external enforcement remains weak and individual values discourage cooperation. …

in these models. We propose a way to take these pay-offs into account, and find that cooperation as equilibrium of the … parameter space, all cooperation equilibria are strictly risk dominated in the sense of Harsanyi and Selten (1988). We derive an … others defect, and argue it is a better measure for the ‘likelihood’ of cooperation than the critical level at which …