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A model of collective action in the commons that is intended to provide a framework for empirical research into the question of when cooperation is likely to be successful is presented. It is based on the presence of costly punishment opportunities, some players who have a taste for punishing...
Persistent link: https://www.econbiz.de/10004979307
This paper surveys the evolutionary game theoretic literature on reciprocity in human interactions, dealing both with long-term relationships and with sporadic interactions. Four basic themes, repetition, commitment, assortation, and parochialism, appear repeatedly throughout the literature....
Persistent link: https://www.econbiz.de/10004979327
Strong reciprocity refers to the willingness to sacrifice one's own material self-interest to punish others for opportunistic actions. This propensity provides a decentralized mechanism for the enforcement of social norms, but its extent and persistence poses a theoretical puzzle. Since...
Persistent link: https://www.econbiz.de/10004979339
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We introduce neighborhood effects in the costs of human capital acquisition into a model of statistical discrimination in labor markets. This creates a link between the level of segregation and the likelihood and extent of statistical discrimination. As long as negative stereotypes persist in...
Persistent link: https://www.econbiz.de/10005227096
This article examines the determinants of steady state trust in a population of principals and agents, where the former learn from experience using boundedly rational procedures. For any distribution of agent types, the long-run distribution of principal behaviour is characterised. Heterogeneity...
Persistent link: https://www.econbiz.de/10005232358
This paper explores the manner in which race and income interact to determine patterns of residential location in metropolitan areas. We use a framework in which individuals care about both the level of affluence and the racial composition of their communities, and in which there are differences...
Persistent link: https://www.econbiz.de/10005342059
Robbery is a serious, widespread and sometimes violent crime resulting each year in costs to victims of several billion dollars. Data on the incidence of robbery reveals certain striking racial disparities. African Americans are more likely to be victims, arrestees and prisoners than are members...
Persistent link: https://www.econbiz.de/10005344581