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Collective Action in an Asymmetric World

Chen, Cuicui; Zeckhauser, Richard J. - 2016

of the Lindahl Equilibrium or the Nash Bargaining Solution to proceed to the Pareto frontier. The former benefits from … its focal-point properties; the latter is a standard analytic tool addressing bargaining. We apply our theory to climate … change by first examining the Nordhaus Climate Club proposal. We then test the Alliance Equilibrium model using individual …

Persistent link: https://www.econbiz.de/10014127347

Do Equity Preferences Matter in Climate Negotiations? An Experimental Investigation

Dannenberg, Astrid - 2008

This paper investigates in how far equity preferences may matter for climate negotiations. For this purposes we conducted a simple experiment with people who have been involved in international climate policy. The experiment, which was run via the Internet, consisted of two simple non-strategic...

Persistent link: https://www.econbiz.de/10012726146

We Can Be Heroes Trust and Resilience in Corrupted Economic Environments

Becchetti, Leonardo - 2018

We use an original variant of the standard trust game, in order to study the effect of corruption on trust and trustworthiness. In this game, both the trustor and the trustee know that part of the surplus they can generate may be captured by a third “corrupted” player under different...

Persistent link: https://www.econbiz.de/10012921976

Side-Payments and the Costs of Conflict

Sheremeta, Roman M. - 2015

Conflict and competition often impose costs on both winners and losers, and conflicting parties may prefer to resolve the dispute before it occurs. The equilibrium of a conflict game with side-payments predicts that with binding offers, proposers make and responders accept side-payments,...

Persistent link: https://www.econbiz.de/10013037242