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The World Trade Center attack has shed light on the urgent need to implement preventing measures against terrorism and … to enhance cooperation in the global security system for all countries. However, international coordination cannot be … explain failure in coordination is that collective actions against terrorism may suffer from the well known free riding …
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Recent evidence highlights the importance of social norms in many economic relations. However, many of these relationships are long-term and provide repeated game incentives for performance. We experimentally investigate interaction effects of reciprocity and repeated game incentives in two...
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the firm's behavior. An experiment tests the theoretical predictions. In line with theory, Strict Liability and Negligence … firm to compensate potential victims. In contrast with theory, prevention rates absent liability are much higher and …
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