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Holler and Wickstrom (1999) suggest that social change can be triggered by scandals intentionally created by groups of people who intend to change the current social conventions. I elaborate on their approach, introducing the hypothesis that people's preferences change over time, so that they...
Persistent link: https://www.econbiz.de/10005227245
The 2´2 inspection game has been frequently employed to model the problem of law enforcement. This game is notoriously troublesome, because (a) its unique Nash equilibrium is never strict and (b) by playing their maximin strategies players can secure the same payoff they get when both play...
Persistent link: https://www.econbiz.de/10005227248