This paper analyzes private precautions against crime when the value of the property to be protected is private …, suboptimal investment can occur when observable precautions communicate information about property value to potential offenders …

substantial externality on the rest of the world. We analyze whether the threat of counter-geoengineering technologies capable of … to either a climate clash where countries engage in a non-cooperative escalation of opposing climate interventions … (indeterminate welfare effect), or cooperative deployment of solar geoengineering (positive welfare effect). We show that the outcome …

Fiscal federalism may not be a panacea in a monetary union if it does not address the non-cooperative behaviour between … extra instrument and a policymaker with union-wide objectives may not compensate the adding of a non-cooperative player to …

-1367), who study cooperation and punishment in sixteen subject pools from six different world cultures (as classified by …

Work and trade relationships are often governed by relational contracts, in which incentives for cooperative action …. This can impede the joint understanding of what constitutes cooperative behavior, and may thus inject mistrust into …

In many countries entrepreneurship is promoted through tax reductions for small businesses and by various government …

Demographic change will be one of the major challenges for economic policy in the developed world in the next decades …