We consider an argument that it might be helpful to combat poverty in developing countries indirectly by enlisting firms‘ help (as corporate citizens) in reducing corruption. It turns out that this argument crucially depends on a fair number of presmises, including (a) a common interest of...

The present paper proposes a myopic, boundedly rational heuristic for individual decision-making in differential game settings. I demonstrate that this type of behaviour converges to Nash equilibrium in infinitely repeated stage games without a state variable if the stage game is strategically...