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types can be exploited to enhance cooperation by structuring the twice-played prisoners' dilemma to "start small," so that …
Persistent link: https://www.econbiz.de/10012456738
paper, we conduct experiments to investigate how punishment affects cooperation in a two-person stochastic prisoner … useful information for designing efficient incentive mechanisms to induce cooperation in a stochastic social dilemma …
Persistent link: https://www.econbiz.de/10012460202
to enforce cooperation within these different regimes. This paper develops a measure of the tightness of historical … readily support in-group members in need. This cooperation regime is enforced by tribalistic moral values, emotions of … social cooperation systems …
Persistent link: https://www.econbiz.de/10012455182
begin by reporting results from an experiment in which we investigate how cooperation in allocation games is affected by the … that adding uncertainty enhances cooperation. This surprising result serves as a test case for our mechanism: instead of …
Persistent link: https://www.econbiz.de/10012455346
Although most of the political-economy literature blames inefficient policies on institutions or politicians' motives to supply bad policy, voters may themselves be partially responsible by demanding bad policy. In this paper, we posit that voters may systematically err when assessing potential...
Persistent link: https://www.econbiz.de/10012455764
Achieving efficiency for many global environmental problems requires voluntary cooperation among sovereign countries … due to the public good nature of pollution abatement. The theory of international environmental agreements (IEAs) in … economics seeks to understand how cooperation among countries on pollution abatement can be facilitated. However, why …
Persistent link: https://www.econbiz.de/10012458462
.Information provision via R&Rs has no significant effects on staff-child ratios. These findings are generally consistent with search theory …
Persistent link: https://www.econbiz.de/10012472309
This paper develops a theoretical foundation for the social cost of carbon (SCC). The model highlights the source of debate over whether countries should use the global or domestic SCC for regulatory impact analysis. I identify conditions under which a country's decision to internalize the...
Persistent link: https://www.econbiz.de/10012456430
We study the optimal provision of insurance against unobservable idiosyncratic shocks in a setting in which a benevolent government cannot commit. A continuum of agents and the government play an infinitely repeated game. Actions of the government are constrained only by the threat of reverting...
Persistent link: https://www.econbiz.de/10012458032
We provide a new model that generates persistent performance differences amongst seemingly similar enterprises. Our model provides a mechanism whereby efficient incumbent rivals can give permission for an inefficient firm to exist in the presence of efficient entrants. We demonstrate that, in a...
Persistent link: https://www.econbiz.de/10012458155