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-cooperative strategic games. Cooperation models, such as ERC and inequality aversion, yield superior predictions compared to the standard … account well for the observed fairness and cooperation in all the tested games. The impressive predictions of the theory … promoting fairness and cooperation in the discussed games is only marginal. Strikingly, the Golden Ratio, known for its …
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Cooperation is widely recognized to be fundamental for the well-balanced development of human societies. Several … different approaches have been proposed to explain the emergence of cooperation in populations of individuals playing the … cooperation for these classes of games. We find the conditions for which these Nash equilibria are asymptotically stable, and we …
Persistent link: https://www.econbiz.de/10012607383
We couple a spatially homogeneous energy balance climate model with an economic growth model which incorporates two potential policies against climate change: mitigation, which is the traditional policy, and geoengineering. We analyze the optimal policy mix of geoengineering and mitigation in...
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change, especially since asymmetries seem to play an important role in affecting incentives for cooperation or unilateral …
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different from that of the prevalent Prisoner's Dilemma. Importantly, we found the collective cooperation strategy combination …
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