Strategic reasoning is part of our everyday lives: we negotiate prices, bid in auctions, write contracts, and play games. We choose actions in these scenarios based on our preferences, and our beliefs about preferences of the other participants. Game theory provides a rich mathematical framework...

My thesis consists of three essays that investigate strategic interactions between individuals engaging in risky collective action in uncertain environments. The first essay analyzes a broad class of incomplete information coordination games with a wide range of applications in economics and...

"In the future data communication networks interoperability becomes critical from both technological and business strategy perspective. Significance of interoperability has to be evaluated in terms of the overall economic performance of the system. In this paper we will present our view of the...

"The common-property literature has often focused on the question of efficiency. Here we consider distributional issues instead. How should the benefits of the commons (say, a fishery) be distributed? We approach the question from the viewpoint of ownership rather than income redistribution. "A...

"A common-pool resource (CPR) is defined as any resource in which exclusion is difficult and consumption of resource units is rival. Examples of CPRs include groundwater basins, fisheries, forests, grazing ranges, and irrigation systems in which property rights--or the ability to uphold such...

"The Tragedy of the Commons can be likened to the now popular term 'Sustainable Development', as both of them refer to the need to appropriately and cooperatively manage shared resources, in order to maintain a balance between different generations of people inhabiting a particular niche within...

"Agrarian change and industrial innovation jointly affect the economic role of successional babassu palm forests that cover a large part of Maranhao, a state in Northeast Brazil. Over three hundred thousand landless peasant households derive nearly one-third of their cash incomes from the palm's...

"This paper argues that for many traditional societies, the two property systems, sharing and common property, should be analysed together in order to understand their effects and their role. In some cases one of the property regimes alone might lead to inefficient outcomes, but the coexistence...