In this paper, we extend the individual evolutionary learning model by incorporating other-regarding considerations and apply the model to some Cournot games. Using the model fitted to the experimental data of a repeated 3-player Cournot game (with nonlinear cost and demand functions), we...

In this paper, we extend the individual evolutionary learning model by incorporating other-regarding considerations and apply the model to some Cournot games. Using the model fitted to the experimental data of a repeated 3-player Cournot game (with nonlinear cost and demand functions), we...

Common property arrangements have long been considered inefficient and short lived, since they encourage high-productivity individuals to leave and shirking among those who stay. In contrast, kibbutzim | voluntary common property settlements in Israel | have lasted almost a century. Recently,...

While tenure security is essential to effective land management, there is little empirical evidence on its environmental impact. Exploiting the staggered rollout of the land registry program across Greece, we find the regions covered by the mandatory program witness large declines in...

While tenure security is essential to effective land management, there is little empirical evidence on its environmental impact. We show that improving tenure security reduces fires. Exploiting the staggered rollout of the Hellenic Cadastre program across Greece, we find those regions covered by...