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increase of cooperation, which is here extended to all two-player social dilemmas. In addition, we discuss the role of the …
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together rather than investing separately. We study the coordination and cooperation problems that might hinder successful … partners for collaboration, while cooperation problems arise at the investment levels of partners who have already agreed to …. It is mostly found that if cooperation is successful in terms of investment, it is due to subjects being able to monitor …
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A fundamental question in social sciences is how trust emerges. We provide an answer which relies on the formation of social and economic relationships. We argue that behind trust lies the fact that individuals invest in connections taking into account the potential externalities networks...
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We study the stability of social and economic networks when players are farsighted. We first provide an algorithm that characterizes the unique pairwise and groupwise farsightedly stable set of networks under the componentwise egalitarian allocation rule. We then show that this set coincides...
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