We study the role of inter-group differences in the emergence of conflict. In our setting, society comprises two groups who compete in every period for political power, i.e. the right to allocate economic resources between the groups. Individuals can move from one group to another at a cost:...

Classic models of reputation consider an agent taking costly actions to affect a single, homogeneous audience’s beliefs about his ability, preferences or other characteristic. However, in many economic settings, agents must maintain a reputation with multiple parties with diverse interests. In...

We study infinitely repeated anonymous random matching games played by communities of players, who only observe the outcomes of their own matches. It is well known that cooperation can be sustained in equilibrium for the prisoner's dilemma (PD) through grim trigger strategies. Little is known...