We study two aspects of globalization. It allows a decision-maker to go beyond his own local experience and to learn from other decision-makers in addressing common problems. This improves the identification and diffusion of best practices. It also provides extra information to `markets' that...

Among Polish cities facing socio-economic difficulties are the former regional capitals which lost their administrative status due to the 1998 reform, reducing the number of regions from 49 to 16. Making use of this quasiexperimental setting, we assess the impact of the loss of administrative...

We take a decentralized approach to regulating environmental pollution in settings where each agent's pollution possibly affects all others. There is no central agency to enforce pollution abatement or coordinate monetary transfers. Moreover, agents possess private information, which precludes...