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. For this purpose, we develop an infinitely repeated rent-seeking model with two groups where within-group cooperation is … then characterize the conditions under which cooperation among fellow members within each group can be achieved as a … stationary subgame perfect equilibrium. The main conclusion is that the larger group has more chances to maintain cooperation …
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This paper examines behavior (the oretically and experimentally) in a two-stage group contest where the fi rst stage comprises of intra - group contests, followed by an inter-group contest in the second stage. Rewards accrue only to the members of the winning group in the inter-group contest,...
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Explanations are provided for why governments do as they do in agriculture. Alternative frameworks are assessed to explain government policy including collective action and politician-voter interaction models. Several key patterns of policies are analyzed including the “developmental...
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Many of our most pressing challenges, from combating climate change to dealing with pandemics, are collective action problems: situations in which individual and collective interests conflict with each other. In such situations people face a dilemma about making individually costly but...
Persistent link: https://www.econbiz.de/10014285827
In a model where cooperation is beneficial, but subject to cheating, and is supported by trigger strategy punishments … in a repeated game, we explore the relationship between the nature of cooperation (size and composition of coalitions …
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