Showing 1 - 10 of 31
This paper examines characteristics of cooperative behavior in a repeated, n-person, continuous action generalization of a Prisoner's Dilemma game. When time preferences are heterogeneous and bounded away from one, how "much" cooperation can be achieved by an ongoing group? How does group...
Persistent link: https://www.econbiz.de/10011325070
We study the stability properties of organizations in partition function games, describing cooperative situations with externalities. An organization is defined as a group of agents, together with a set of bilateral relations, formally, a connected graph. Because of the presence of...
Persistent link: https://www.econbiz.de/10011335721
Why do money and markets crowd out co-operative relations? This paper characterises the effects of intertemporal preferences, money, and markets on players' ability to co-operate in material-payoff supergames. Players' aversion to intertemporal substitution facilitates co-operation by decreasing...
Persistent link: https://www.econbiz.de/10011608563
We consider a model of the 'world' with several regions that may create a unified entity or be partitioned into several unions (countries). The regions have distinct preferences over policies chosen in the country to which they belong and equally share the cost of public policies. It is known...
Persistent link: https://www.econbiz.de/10010270924
Conditions for the emergence of cooperation in a spatial common-pool resource game are studied. This combines in a unique way local and global interactions. A fixed number of harvesters are located on a spatial grid. Harvesters choose among three strategies: defection, cooperation, and...
Persistent link: https://www.econbiz.de/10010312430
We study the conditions for the emergence of cooperation in a spatial common-pool resource game. We consider three types of agents: cooperators, defectors and enforcers. The role of enforcers is to punish defectors for overharvesting the resource. Agents are located around a circle and they only...
Persistent link: https://www.econbiz.de/10010312507
This paper analyses the incentives to participate in and the stability of international climate coalitions. Using the integrated assessment model WITCH, the analysis of coalitions' profitability and stability is performed under alternative assumptions concerning the pure rate of time preference,...
Persistent link: https://www.econbiz.de/10010282963
'agglomeration in a system of cities' in which both intra-city trade and inter-city trade are considered. Enriching both the … economic (i.e. intensity of trade) integration, the higher is the magnitude of the inefficiency. From a theoretical point of …
Persistent link: https://www.econbiz.de/10011324971
Persistent link: https://www.econbiz.de/10010323496
We develop a Ricardian model to explore the role of trade in spreading the benefits of innovation. The theory delivers … an equation for bilateral trade that, on its surface, resembles a gravity specification, but identifies underlying … parameters of technology. We estimate the equation using trade in manufactures among the OECD. The parameter estimates allow us …
Persistent link: https://www.econbiz.de/10011608363