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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
The observed uneven distribution of economic activity across space is influenced by variation in exogenous geographical characteristics and endogenous interactions between agents in goods and factor markets. Until recently, the theoretical literature on economic geography had focused on stylized...
Persistent link: https://www.econbiz.de/10012456025
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
We propose a dynamic spatial theory to analyze the geographic impact of climate change. Agricultural and manufacturing …
Persistent link: https://www.econbiz.de/10012460114
We measure the importance of increasing returns to scale and trade in medical services. Using Medicare claims data, we document that "imported" medical care -- services produced by a medical provider in a different region -- constitute about one-fifth of US healthcare consumption. Larger regions...
Persistent link: https://www.econbiz.de/10014247951
We develop a dynamic spatial growth model to explore the role of trade and internal migration in the process of spatial development and aggregate growth. Growth is shaped by the best global and local ideas that contribute to the local stock of knowledge. Global ideas diffuse more to locations...
Persistent link: https://www.econbiz.de/10013435141
The Amazon rainforests have been undergoing unprecedented levels of human-induced disturbances. In addition to local impacts, such changes are likely to cascade following the eastern-western atmospheric flow generated by trade winds. We propose a model of spatial and temporal interactions...
Persistent link: https://www.econbiz.de/10014337784
Central banks have evolved for close to four centuries. This paper argues that for two centuries central banks caught up to the strategies followed by the leading central banks of the era; the Bank of England in the eighteenth and nineteenth centuries and the Federal Reserve in the twentieth...
Persistent link: https://www.econbiz.de/10012453864
Although most of the political-economy literature blames inefficient policies on institutions or politicians' motives to supply bad policy, voters may themselves be partially responsible by demanding bad policy. In this paper, we posit that voters may systematically err when assessing potential...
Persistent link: https://www.econbiz.de/10012455764
Achieving efficiency for many global environmental problems requires voluntary cooperation among sovereign countries … due to the public good nature of pollution abatement. The theory of international environmental agreements (IEAs) in … economics seeks to understand how cooperation among countries on pollution abatement can be facilitated. However, why …
Persistent link: https://www.econbiz.de/10012458462