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Starting Small : Endogenous Stakes and Rational Cooperation
Andreoni, James - 2016
types can be exploited to enhance cooperation by structuring the twice-played prisoners' dilemma to “start small,” so that …
Persistent link: https://www.econbiz.de/10012999993
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History, Expectations, and Leadership in the Evolution of Social Norms
Acemoglu, Daron - 2011
We study the evolution of the social norm of "cooperation" in a dynamic environment. Each agent lives for two periods … completely drives equilibrium play, leading to a social norm of high or low cooperation. In intermediate cases, the impact of … leverage their greater visibility to influence expectations of future agents and overturn social norms of low cooperation. We …
Persistent link: https://www.econbiz.de/10013124659
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Catch-Up and Fall-Back Through Innovation and Imitation
Benhabib, Jess - 2012
Will fast growing emerging economies sustain rapid growth rates until they "catch-up" to the technology frontier? Are there incentives for some developed countries to free-ride off of innovators and optimally "fallback" relative to the frontier? This paper models agents growing as a result of...
Persistent link: https://www.econbiz.de/10013106293
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Intellectual Property Rights, Foreign Direct Investment, and Industrial Development
Branstetter, Lee - 2014
This paper develops a North-South product model in which Southern imitation and the North-South flow of foreign direct investment (FDI) are endogenously determined. In the model, a strengthening of IPR protection in the South reduces the rate of imitation, which, in turn, increases the flow of...
Persistent link: https://www.econbiz.de/10013070725
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Intellectual Property Rights, Imitation, and Foreign Direct Investment : Theory and Evidence
Branstetter, Lee - 2010
This paper theoretically and empirically analyzes the effect of strengthening intellectual property rights in developing countries on the level and composition of industrial development. We develop a North-South product cycle model in which Northern innovation, Southern imitation, and FDI are...
Persistent link: https://www.econbiz.de/10012760176
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Innovation, Imitation, and Intellectual Property Rights
Helpman, Elhanan - 2021
The debate between the North and the South about the enforcement of intellectual property rights in the South is examined within a dynamic general equilibrium framework in which the North innovates new products and the South imitates them. A welfare evaluation of a policy of tighter intellectual...
Persistent link: https://www.econbiz.de/10013245318
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State-Dependent Intellectual Property Rights Policy
Acemoglu, Daron - 2016
What form of intellectual property rights (IPR) policy contributes to economic growth? Should technological followers be able to license the products of technological leaders? Should a company with a large technological lead receive the same IPR protection as a company with a more limited lead?...
Persistent link: https://www.econbiz.de/10012747875
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Unitization of Spatially Connected Renewable Resources
Kaffine, Daniel - 2015
Spatial connectivity of renewable resources induces a spatial externality in extraction. We explore the consequences of decentralized spatial property rights in the presence of spatial externalities. We generalize the notion of unitization - developed to enhance cooperative extraction of oil and...
Persistent link: https://www.econbiz.de/10013038597
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Climate Policy Under Cooperation and Competition between Regions with Spatial Heat Transport
Cai, Yongyang - 2018
cooperation and noncooperation between two regions (the North and the Tropic-South) in the face of risks and recursive utility. We …
Persistent link: https://www.econbiz.de/10012922987
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The Origins of Spatial Interaction
Keller, Wolfgang; Shiue, Carol H. - 2021
Geography shapes economic outcomes in a major way. This paper uses spatial empirical methods to detect and analyze trade patterns in a historical data set on Chinese rice prices. Our results suggest that spatial features were important for the expansion of interregional trade. Geography...
Persistent link: https://www.econbiz.de/10013220543