Showing 1 - 10 of 71
up to 4.51 per cent. This implies an increase in aggregate welfare of up to 21 billion US Dollars. This sum is the …
Persistent link: https://www.econbiz.de/10010323884
up to 4.51 per cent. This implies an increase in aggregate welfare of up to 21 billion US Dollars. This sum is the …
Persistent link: https://www.econbiz.de/10010884465
We study conditional cooperation based on a sequential two-person linear public good game in which a trusting first contributor can be exploited by a second contributor. After playing this game the first contributor is allowed to punish the second contributor. The consequences of sanctioning...
Persistent link: https://www.econbiz.de/10010291837
not only inefficient but also irrational breakdown in partnerships. Overall, social welfare decreases as the incentive to …
Persistent link: https://www.econbiz.de/10010291842
attributed to group identity, possibly combined with a concern for social welfare. The second phenomenon is attributed to a novel …
Persistent link: https://www.econbiz.de/10010323881
Persistent link: https://www.econbiz.de/10010323896
Almost all international environmental agreements include a minimum participation rule. Under such a rule an agreement becomes legally binding if and only if a certain threshold in terms of membership or contribution is reached. We analyze a cartel game with open membership and heterogeneous...
Persistent link: https://www.econbiz.de/10010330092
This paper surveys the recent literature on the political economy of the formation of international environmental agreements. The survey covers theoretical modelling approaches and empirical studies including experimental work. Central to our survey is the question how the political process...
Persistent link: https://www.econbiz.de/10010331077
Costly signaling of commitment to a group has been proposed as an explanation for participation in religion and ritual. But if the signal’s cost is too small, freeriders will send the signal and behave selfishly later. Effective signaling may then be prohibitively costly. If the average level...
Persistent link: https://www.econbiz.de/10010266673
Bloggers devote significant time not only producing content for others to read, watch or listen to, but also paying attention to and engaging in interactions with other bloggers. We hope to throw light not only on the factors that gain bloggers significant readership and lively interactions with...
Persistent link: https://www.econbiz.de/10010267090