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Experimental and observational studies have highlighted the importance of agents being conditionally cooperative when facing a social dilemma. We formalize this mechanism in a theoretical model that portrays a small community having joint access to a common pool resource. The diffusion of norms...
Persistent link: https://www.econbiz.de/10010189315
Strategies of international risk management, as the implementation of tradable emission permits, feed back to the incentive structure of a treaty, like the Kyoto Protocol. Discussing the Kyoto Protocol the question was: Should there be any restrictions on the trading of emission permits or not?...
Persistent link: https://www.econbiz.de/10011597013
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We illuminate several important aspects of the nature and causes of growth and institutional change. To do this, we focus on the role resource pressures have played in the historic development of Hawaii's institutions. We discuss the Hawaiian story in the context of the natural co-evolution of...
Persistent link: https://www.econbiz.de/10010350824
Persistent link: https://www.econbiz.de/10003547166
Previous allocation rules for network games, such as the Myerson Value, implicitly or explicitly take the network … alternative network structures (not just sub-networks) can and should influence the allocation of value among players on any given … network structure. I present a family of allocation rules that incorporate information about alternative network structures …
Persistent link: https://www.econbiz.de/10011591365
, leadership, and following. Using a laboratory experiment, we explore how aspects are correlated between each other in a given …
Persistent link: https://www.econbiz.de/10010472880
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A local public-good game played on directed networks is analyzed. The model is motivated by one-way flows of hydrological influence between cities of a river basin that may shape the level of their contribution to the conservation of wetlands. It is shown that in many (but not all) directed...
Persistent link: https://www.econbiz.de/10008747649