When formal insurance is unavailable, mutual insurance among households can serve as an alternative. This paper analyzes a game between economic agents facing uncertainty and maximizing discounted utility without enforceable contracts or access to capital markets. While autarky is always a...

We study cooperation in an environment where public good providers face the decision to accept a newcomer to their group. A bottom-up process for accepting new members to social groups reveals individual preferences to include newcomers. Alternatively, inclusion can be decided in a top-down...

This study critically and constructively assesses how 'economic games' contribute to climate policy research via a pre-registered systematic scoping review of 165 sources. Researchers use economic games as empirical tools to measure cooperation while experimentally controlling the presence,...