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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/10012456738
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/10012461578
to enforce cooperation within these different regimes. This paper develops a measure of the tightness of historical … readily support in-group members in need. This cooperation regime is enforced by tribalistic moral values, emotions of … social cooperation systems …
Persistent link: https://www.econbiz.de/10012455182
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/10012463256
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/10012465621
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/10012474898
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/10012460568
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/10012465887
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/10012462318
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/10012468625