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This paper provides a rationale for group support for political violence in situations where violence does not provide a material benefit. Rabin’s (1993) theory of fairness is adopted to demonstrate that although group violence may not be the equilibrium of a material game it may be a fairness...
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The first aim of this paper is to revisit the puzzle of cooperation in large-scale societies.It proposes a game theoretic model showing how endogenous emotion-based punishment can sustain ull cooperation when interactions are not repeated, provided that players' endogenous trust is high enough....
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In this paper, we analyze a general multivariate linear rational expectations model. …
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