unique equilibrium where legal enforcement remains weak and individual values discourage cooperation …

How and why does distant political and economic history shape the functioning of current institutions? This paper … (as opposed to limited) morality are widespread in societies that were ruled by non-despotic political institutions in the … distant past. Second, well functioning institutions are often observed in countries or regions where individual values are …

lead to a unique equilibrium path where external enforcement remains weak and individual values discourage cooperation. …

the beneficiary inter-group cooperation opportunity is undermined with a prisoners' dilemma type tribal interest conflict …

Over the last millennium, the clan and the corporation have been the loci of cooperation in China and Europe … bifurcation. We highlight that groups with which individuals identify are basic units of cooperation. Such loyalty groups … advantage in pursuing collective actions. Loyalty groups perpetuate due to positive feedbacks between morality, institutions …