Richter, Andries; Soest, Daan van; Grasman, Johan - Fondazione ENI Enrico Mattei (FEEM) - 2013
Real world observations suggest that social norms of cooperation can be effective in overcoming social dilemmas such as the joint management of a common pool resource – but also that they can be subject to slow erosion and sudden collapse. We show that these patterns of erosion and collapse...