laboratory experiment that explores the impact of an exogenous ecological shock on the informal rules of property and exchange …

actual users of local ecosystems, were focused specifically on the effect of external and self-governing rules for inducing … cooperative behavior within groups. A group extraction or 祖ommons-game was used to explore how rules, formal and informal … against the benefits from over extracting the resource, and that humans can develop norms based on non-enforceable rules of …

Rules are thought to persist to the extent that the direct benefits of having them (e.g. reduced transactions costs …) exceed the costs of enforcement and of occasional misapplications. We argue that a second crucial role of rules is as … screening mechanisms for identifying cooperative types. Thus we underestimate the social value of rules when we consider only …

other rules in the literature. Furthermore we provide two characterizations. Finally, we present several approaches to this …

role of rules that limit debt, crucial for aggregate PBCs to take place. Since the budget process under separation of … powers typically requires that the legislature authorize new debt, divided government can make these fisscal rules credible …