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We explore a 3 x 3 Competitive Ricardian Model (CRM) in two scenarios multiple import tariffs and a customs union. We fully characterise the equilibrium under both. Starting from a tariff distorted situation, we find that when a customs union is formed there is an increase in trade flows among...
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literature on tournaments within firms, which shows that competitive compensation schemes reduce cooperation in the short-run, we …
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literature on tournaments within firms, which shows that competitive compensation schemes reduce cooperation in the short-run, we …
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Communication is well known to increase cooperation rates in social dilemma situations, but the exact mechanisms behind … experimental findings, we observe a strong increase in cooperation when face-to-face communication is allowed before decision … to higher cooperation rates, albeit not as high as in the condition in which discussions about the social dilemma are …
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