International cooperation on the reduction of greenhouse gas emissions, disarmament, or free trade needs to be … ambitious cooperation. Yet, a proof-of-concept for this important claim is lacking. Based on game theoretical analyses, we … a public good. Subjects differ in their benefits and costs of cooperation. Participation in the negotiations and all …

International cooperation on the reduction of greenhouse gas emissions, disarmament, or free trade needs to be … ambitious cooperation. Yet, a proof-of-concept for this important claim is lacking. Based on game theoretical analyses, we … a public good. Subjects differ in their benefits and costs of cooperation. Participation in the negotiations and all …

We study the interplay of inequality and trust in a dynamic game, in which trust increases efficiency and thus allows … higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with … equal endowments, but decreases over time. In a treatment with unequal endowments, trust is initially lower yet remains …