Language serves two key functions. It enables communication between agents, which allows for the establishment and … to issues linked with trust, social capital, and cultural identification. While research on the role of language as a …

quality of governance as well as the level of social trust. The very different approach followed with the Covid crisis might … performance such as the level of regulation of product and labor markets, as well as the trust in political institutions, quality … of governance and inequality. Results show that despite divergent economic growth in the Euro periphery countries after …

We introduce opportunities for pre-play communication and to enter binding or non-binding contracts in trust games, and … find (a) communication increases trusting and trustworthiness, (b) contracts are unnecessary for trusting and trustworthy …

We let subjects interact with anonymous partners in trust (investment) games with and without one of two kinds of pre …-play communication: numerical (tabular) only, and verbal and numerical. We find that either kind of pre-play communication increases … trusting, trustworthiness, or both, in inter-subject comparisons, but that the inclusions of verbal communication generates …

Sustainability has been largely replaced by discounted utilitarianism in contemporary climate-change economics. Our … approach rejuvenates sustainability by expanding the conception of the quality of life, along the lines of the UN Human … Development Reports, to include not only consumption, but also education, leisure, the stock of knowledge and the quality of the …

interdependencies in their economies, infrastructure, and natural resources, but they are not linked well in terms of governance … governance strategies for such megaregions. As we have noted elsewhere, collaborative and networked processes can do many of the … needed tasks for regional governance, as they fill gaps where government fails to operate, cross jurisdictional and …

We characterize the core of the partnership formation problem (Talman and Yang, Journal of Mathematical Economics 47 … sufficient condition for the existence of equilibrium, generalizing known results. We then introduce the partnership …-stable equilibrium, a weakened solution concept in the sense that each equilibrium is also a partnership-stable equilibrium, and find …