We characterize equilibria of an income reporting game with bounded returns and no commitment where detected tax evaders are charged the maximally feasible amount. Introducing partial commitment to punishment relief eliminates multiplicity of equilibria. We identify a unique limit equilibrium...

It has been well established that institutions are decisive for the capacity of society to adapt to climate change. But it is largely subject of debate, how in detail institutions in interaction with the available resources and the characteristics of the actors involved foster or impede the...

The advantages and the epistemological value of constitutional economics make them a designated research background for a constitutional examination of PPP. The constitutional approach provides an adequate framework that allows clarifying how the process of PPPs may be improved by constitutional...

In this paper, Hayek's theory of cultural evolution is compared to a simplified general macro-model of evolution based on Kaufmann (1993). It is shown how under certain condi-tions evolutionary lock-ins can occur, what consequences this has for the assessment of evolutionary results, and how...

This paper investigates how one can derive "fair" allocation shares for renewable and non-renewable resources from a Rawlsian standpoint. Since there are competing interests over limited resources both within and between generations, it is argued that the respective trade-offs call for a more...

We characterize equilibria of an income reporting game with bounded returns and no commitment where detected tax evaders are charged the maximally feasible amount. Introducing partial commitment to punishment relief eliminates multiplicity of equilibria. We identify a unique limit equilibrium...

The advantages and the epistemological value of constitutional economics make them a designated research background for a constitutional examination of PPP. The constitutional approach provides an adequate framework that allows clarifying how the process of PPPs may be improved by constitutional...

This paper investigates how one can derive fair allocation shares for renewable and non-renewable resources from a Rawlsian standpoint. Since there are competing interests over limited resources both within and between generations, it is argued that the respective trade-offs call for a more...

It has been well established that institutions are decisive for the capacity of society to adapt to climate change. But it is largely subject of debate, how in detail institutions in interaction with the available resources and the characteristics of the actors involved foster or impede the...

In this paper, Hayek's theory of cultural evolution is compared to a simplified general macro-model of evolution based on Kaufmann (1993). It is shown how under certain condi-tions evolutionary lock-ins can occur, what consequences this has for the assessment of evolutionary results, and how...