unique equilibrium where legal enforcement remains weak and individual values discourage cooperation. …

determine whether a network is consistent with trade and cooperation between every buyer and seller that are connected. We show … that three network features reduce the minimal discount factor necessary for sustaining cooperation: moderate competition …

How and why does distant political and economic history shape the functioning of current institutions? This paper … (as opposed to limited) morality are widespread in societies that were ruled by non-despotic political institutions in the … distant past. Second, well functioning institutions are often observed in countries or regions where individual values are …

questions: Are there major productivity differences between graduates from American and European institutions? If so, how … graduates placed at American institutions, in particular top ones, are likely to publish more quality-adjusted articles than …

questions: Are there major productivity differences between graduates from American and European institutions? If so, how … graduates placed at American institutions, in particular top ones, are likely to publish more quality-adjusted articles than …