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Persistent link: https://www.econbiz.de/10008493402
We use the framework of random matching games and develop a two society model to analyze the interaction of societies with different social norms. Each agent repeatedly faces two different coordination games. A social norm of a society is a mode of behavior - strategy - which is adopted by a...
Persistent link: https://www.econbiz.de/10008602835
When future international agreement for global environmental control is anticipated, decicions for controlling current carbon gas emissions by improving the country's abatement capabilities are strongly affected by the likelihood of and the likely outcome of such agreements. We construct a two...
Persistent link: https://www.econbiz.de/10008602840
In this paper, we shall provide a theoretical overview of what are the chief implications of fucusing institutions and economic systems, what are the main sources of their evolution, how are their evolutionary paths affected by various economic factors. In the latter half, we shall provide a...
Persistent link: https://www.econbiz.de/10008602986
Persistent link: https://www.econbiz.de/10008469033
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