payoffs on cooperation, focussing on one-shot PD games where efficiency requires mutual cooperation. Following Mengel (2018 …) we vary three payoff indices. Indices of risk and temptation capture the unilateral incentives to defect against … defectors and co-operators respectively, while an index of efficiency captures the gains from cooperation. We conduct two …

activities within the household. However, this prediction may not hold in the presence of risk. Using data on farm plots and non …-farm enterprises in Malawi, we examine the impact of risk on the allocation decisions of agricultural households as they allocate labor …

payoffs on cooperation, focusing on one-shot PD games where efficiency requires mutual cooperation. We report results from …

of errors in strategy implementation. In our data, we show that players indeed choose less lenient strategies in …

This paper analyses the efficiency of the equilibrium allocation in a matching model with two types of workers and jobs … production technologies. Finally, in an extension we derive a tax scheme that restores efficiency and we show how workers …

longitudinal data set on all manufacturing firms in Slovenia over the period 1994-2001, this study analyzes how firm efficiency … firm efficiency occurs across almost all industries and firm types: large or small; state or private; domestic or foreign …-owned. Changes in firm ownership type have no impact on firm efficiency. Rather, competitive pressures that sort out inefficient …

economic rationales for public intervention to control obesity. We take into account equity issues as well as efficiency …