How to sustain cooperation is a key challenge for any society. Different social organizations have evolved in the …

a model that builds on two separate literatures: the literature on international monetary cooperation on the one hand …

. 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 … markets make cooperation even harder to sustain, unless the market interest rate is sufficiently below agents’ discount rate …

for cooperation. As a counterfactual, we analyse worker behaviour when workers are paid piece rates and thus have no … exposure cooperate more. Shocks to the workforce in the form of new worker arrivals disrupt cooperation in the short term but …

’s constraints on issue linkage (cross-retaliation) welfare-enhancing? To facilitate international cooperation should governments … choices (e.g. to ‘conservative’ central bankers) are good or bad for international policy cooperation? …

long run and in response to shocks, and we compare commitment under Nash competition and under cooperation. By deriving a … cooperation. …