This paper develops a general repeated game model over arbitrary time domain (which includes continuous time behaviour). A player is committed at any point in time to history independent behaviour for a positive length of time. The length of time of commitment depends on the way the history...

Pollution of transboundary rivers requires cooperation between the countries involved in order to alleviate the consequences. This paper applies game theoretic analyses to nitrate emissions in the Rhine river basin. It assumes that the 50% emission reduction policy agreed upon by the...

AbstractOver the past decade, most OECD countries have begun to reform fundamentally their agricultural policies. Some dispute has emerged over the extent to which policy-making at the international level has triggered these reforms. These disputes raise important theoretical questions about how...

European legislation is an often studied topic of research into decision rules, since it provides for a large number of different rules and the interaction of different voting bodies. However, research on European Integration concentrates on the choice rather within than of rules. Relative...

This landmark theoretical book is about the mechanisms by which special interest groups affect policy in modern democracies. Defining a special interest group as any organization that takes action on behalf of an identifiable group of voters, Gene Grossman and Elhanan Helpman ask: How do special...

Innovation and the adoption of new ideas is fundamental to economic progress, and so is free trade of goods and services. Here we examine the underlying economics of the market for ideas and its implications for trade. From a positive perspective, we examine how such markets function and how...