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Join the Leader, Imitate or Follow: Evolutionary Stable Strategies in the Commons

Schott, Stephan - 2010

"We develop an evolutionary game theory model for a limited access common pool resource. With full disclosure of individual extraction decisions and payoffs we conjecture that subjects will imitate the most successful players’ strategy as long as their payoffs increase. We derive a stable...

Persistent link: https://www.econbiz.de/10009468354

Rethinking Local Commons Dilemmas: Lessons from Experimental Economics in the Field

Cardenas, Juan Camilo - 2002

"In particular, the academic debate over the best prediction about the behavior of people that use a common-pool resource (CPR), and the recommended policy approaches to the CPR dilemma have undergone a very interesting evolution throughout the last 3 decades of the pastcentury, since the...

Persistent link: https://www.econbiz.de/10009468435

INEQUALITY, INSTITUTIONS AND REDISTRIBUTION

Aysan, Ahmet Faruk - 2005

between income inequality and redistribution. Then, it introducesthree specifications to endogenize ERI. In these various … common element in these variousspecifications. While income inequality increases the pressure for redistribution it … empirical evidencefor a positive relationship between income inequality and redistribution.The second substantive essay …

Persistent link: https://www.econbiz.de/10009450851

Accelerated technological progress : an explanation for wage dispersion and a possible solution to the productivity paradox

Nikutowski, Oliver - 2007

Due to scarcity considerations an increase in the supply of college graduates should reduce the premium for this kind of qualification. Therefore it seems quite contradictory that a tremendous educational expansion in the USA is accompanied by rising wage dispersion (overall and between...

Persistent link: https://www.econbiz.de/10003470547

Heterogeneity and cooperation in privileged groups : the role of capability and valuation on public goods provision

Kolle, Felix - 2012

We experimentally investigate cooperation in privileged groups which according to Olson (1965) are groups in which at least one member has an incentive to supply a positive amount of the public good. More specifically, we analyze group member heterogeneity with respect to two dimensions:...

Persistent link: https://www.econbiz.de/10009578217

Labor heterogeneity, inequality and institutional change

Skott, Peter - In: Keynes, Sraffa and the criticisms of neoclassical …, (pp. 84-98). 2011

Persistent link: https://www.econbiz.de/10009309596

The government may want to encourage price-discrimination by income

Reinstein, David - 2015

Persistent link: https://www.econbiz.de/10011393183

Growing into and out of social conflict

Harms, Philipp; Zink, Stefan - 2002

We present a model of growth and distributional conflict that implies a non-monotonic relationship between average wealth and the likelihood of radical redistribution: while the net benefits of redistribution for members of the poor class are small at low stages of development, a shift towards...

Persistent link: https://www.econbiz.de/10011397749

The inequality we want : how much is too much?

Krozer, Alice - In: Journal of international commerce, economics and policy 6 (2015) 3, pp. 1-27

Persistent link: https://www.econbiz.de/10011401560

Polarization

Duclos, Jean-Yves; Taptué, André-Marie - 2015

Persistent link: https://www.econbiz.de/10010510167

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