"This paper is one of a series of analyses that represent the first wave of work being performed by IFRI's collaborators. Each author draws upon the training and instrument of the IFRI program to address their particular research questions. Given the early stage of IFRI's implementation, the...

"Laboratory experiments have generally supported the fundamental theorem that, in classical property rights environments, noncooperative behavior in large group markets yields efficient social outcomes. Experiments, however, regularly fail to support the game theoretic prediction of...