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This paper asks whether population growth is conducive to the sustainability of cooperation. A simple model is developed in which farmers who live around a circular lake engage in trade with their adjacent neighbors. The payoffs from this activity are governed by a prisoner's dilemma "rule of...
Persistent link: https://www.econbiz.de/10009238658
This paper asks whether population growth is conducive to the sustainability of cooperation. A simple model is developed in which farmers who live around a circular lake engage in trade with their adjacent neighbors. The payoffs from this activity are governed by a prisoner's dilemma "rule of...
Persistent link: https://www.econbiz.de/10009233355
This paper asks whether population growth is conducive to the sustainability of cooperation. A simple model is developed in which farmers who live around a circular lake engage in trade with their adjacent neighbors. The payoffs from this activity are governed by a prisoner’s dilemma “rule...
Persistent link: https://www.econbiz.de/10014179249
Humans cooperate a great deal in economic activity, but our two major models of equilibrium – Walrasian competitive in markets and Nash in games – portray us as only non-cooperative. In earlier work, I have proposed a model of cooperative decision making (Kantian optimization); here, I embed...
Persistent link: https://www.econbiz.de/10012950090
We couple a spatially homogeneous energy balance climate model with an economic growth model which incorporates two potential policies against climate change: mitigation, which is the traditional policy, and geoengineering. We analyze the optimal policy mix of geoengineering and mitigation in...
Persistent link: https://www.econbiz.de/10009756319
Persistent link: https://www.econbiz.de/10011973544
the externalities involved, as well as with where the source of cooperation lies in cooperative game theory. In either …
Persistent link: https://www.econbiz.de/10010312597
Persistent link: https://www.econbiz.de/10014558854
Persistent link: https://www.econbiz.de/10013258226
the externalities involved, as well as with where the source of cooperation lies in cooperative game theory. In either …
Persistent link: https://www.econbiz.de/10005385392