Showing 1 - 10 of 69,641
`Assurance Game`. The results imply that the current traffic problem may be due to lack of assurance and trust rather than raw …
Persistent link: https://www.econbiz.de/10010605260
Persistent link: https://www.econbiz.de/10010235628
Persistent link: https://www.econbiz.de/10015061754
Roger Scruton and others argue that market-based approaches and voluntary civic organizations can solve many environmental problems. The author argues in response that there are significant limitations to quota systems and similar market fixes, while NGOs and civil society “networks” are not...
Persistent link: https://www.econbiz.de/10012048342
This paper uses replicator dynamics to compare the steady states arising from two types of common property regimes - one in which over-exploiters are punished by the resource users themselves, and another where enforcement is handled by guards who collect a tax from the users. The use of guards...
Persistent link: https://www.econbiz.de/10012392491
Persistent link: https://www.econbiz.de/10011877828
This chapter surveys the past applications of game theory to the study of terrorism. By capturing the strategic interplay between terrorists and targeted governments, game theory is an appropriate methodology for investigating terrorism and counterterrorism. Game theory has been used to examine...
Persistent link: https://www.econbiz.de/10014024404
Under weak contract enforcement the trading parties’ trust, defined as their belief in other’s trustworthiness, appears … appear less important, suggesting that trust and contract enforcement are substitutes. Here we show, however, that trust and … under weak contract enforcement trust has no effect on gains from trade, but when we successively improve contract …
Persistent link: https://www.econbiz.de/10012510645
Persistent link: https://www.econbiz.de/10012697880
Persistent link: https://www.econbiz.de/10010558233