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This paper models the organization of the firm as a type of artificial neural network in a duopoly setting. The firm plays a repeated Prisoner’s Dilemma type game, and must also learn to map environmental signals to demand parameters and to its rival’s willingness to cooperate. We study the...
Persistent link: https://www.econbiz.de/10010756456
We investigate the relationship between inter-jurisdictional cooperation and law enforcement in Mexico. Exploiting a Regression Discontinuity Design in close municipal elections, we study how improved opportunities for cooperation in crime prevention among neighboring municipalities - proxied by...
Persistent link: https://www.econbiz.de/10010756659
Extensive research has documented the importance of social trust for economic development, yet the origins of trust remain largely unexplored. This paper examines the historical relationship between risk, cooperation and the emergence of social trust. I hypothesize that norms of trust developed...
Persistent link: https://www.econbiz.de/10010756707
We model the organization of the firm as a type of artificial neural network in a duopoly framework. The firm plays a repeated Prisoner's Dilemma type game, but also must learn to map environmental signals to demand parameters. We study the prospects for cooperation given the need for the firm...
Persistent link: https://www.econbiz.de/10010756758