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This paper adopts a revealed preference" approach to the question of what can be inferred about bias in a political system. We model an economy and its political system from the point of view of an outside observer." The observer sees a finite sequence of policy data, but does not observe either...
Persistent link: https://www.econbiz.de/10008465164
strategies which have the property that cheating on the cooperative agreement in a given group is followed by non-cooperation in … this group and cooperation in the rival group. The main conclusion is that the set of parameters for which cooperation can … be sustained within the larger group as a subgame perfect outcome is as large as that for which cooperation can be …
Persistent link: https://www.econbiz.de/10008465367
equilibria in this Folk Theorem require a special form of intergenerational sanctions. In these sanctions, punishment is … fact destroy cooperation when it would otherwise be possible. …
Persistent link: https://www.econbiz.de/10005550938
of its impact as the evolution of the interaction between two populations feeding over the same space-resource. Each … Evolutionary Game Theory, in particular as is applied to the theory of evolution of interacting structured populations. In one such …
Persistent link: https://www.econbiz.de/10005518355
IN his classic novel, "Catch-22" (1961), Joseph Heller describes a thoroughly frustrating situation faced by a combat pilot in World War II. This is generalized to a "generic" 2x2 strict ordinal game, in which whatever strategy the column player chooses, the best response of the row player is to...
Persistent link: https://www.econbiz.de/10005605582
Empirical studies have found ethnic cleavages to play an important role in the occurrence of civil conflict. Surprisingly, theoretical research on ethnic con.ict has been very scarce. In the present contribution a theoretical model of reputation and ethnic conflict is built. Depending on the...
Persistent link: https://www.econbiz.de/10005489352
This paper investigates how social composition affects social conflict and economic development when property rights are unenforceable. Groups follow Markovian strategies for consumption and investment and may also spend effort in an resource appropriation contest. It is shown that conflict...
Persistent link: https://www.econbiz.de/10005225471
This paper examines existence of Markov equilibria in the class of dynamic political games (DPGs). DPGs are dynamic games in which political institutions are endogenously determined each period. The process of change is both recursive and instrumental: the rules for political aggregation at date...
Persistent link: https://www.econbiz.de/10005396426
This article shows within a simple growth model how the make up of society affects economic performance when property rights are unenforceable. It investigates behavior of non-cooperative social groups that consume, produce, and appropriate resources either peacefully or through contest. For the...
Persistent link: https://www.econbiz.de/10005405320
This paper examines existence of Markov equilibria in the class of dynamic political games (DPGs). DPGs are dynamic games in which political institutions are endogenously determined each period. The process of change is both recursive and instrumental: the rules for political aggregation at date...
Persistent link: https://www.econbiz.de/10005407586