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Almost all economic and public choice models assume that all people are exclusively pursuing their own material self-interests and do not care about "social" goals per se. Several (laboratory) experiments address the question of the general validity of this assumption. A consistent conclusion...
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access to a common pool resource. The diffusion of norms of cooperation takes place via interpersonal relations, while … followed by a sudden burst, which means that a transition from a cooperative social norm to non-cooperation occurs …
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This study develops a model of water extraction with endogenous social norms. Many users are connected by a unique shared resource that can become scarce in case of over-exploitation. Preferences of individuals are guided by their extraction values and their taste for conformity to social norms...
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Roemer's (1982, 1988) classical approach and all the crucial insights of exploitation theory are generalised, proving that … positive profits. -- Justice ; Exploitation ; Class ; Convex economies …
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