We explore reasons underlying the economic prosperity of certain popular merchants in Bolivia. Even if economics often associates popular merchants with poor economic performance and low productivity, anthropological evidence shows the existence of large fortunes in the bolivian popular economy...

We examine the formation of multilateral, hub-and-spoke and bilateral international R&D strategic alliances (overlapping climate clubs) to reduce CO2 emissions. R&D provision in clubs produces two types of positive externalities: a global public good (i.e., reduction of CO2 emissions) and...

We explore reasons underlying the economic prosperity of certain popular merchants in Bolivia. Even if economics often associates popular merchants with poor economic performance and low productivity, anthropological evidence shows the existence of large fortunes in the bolivian popular economy...

This article investigates the impact of the socioreligious segregation of Dutch society on the asset allocation choices of rural bankers and the withdrawal behavior of their depositors during the early 1920s. Results suggest that cooperatively-owned Raiffeisen banks for both Catholic and...

We report agent-based simulations of religiosity dynamics in a spatially dispersed population. Agents' religiosity responds to neighbors via pairwise interactions as well as via club goods effects. A simulation run is deemed fundamentalist if the final distribution contains a sizable minority of...

The objective of this paper is to examine the possible relationships between climate clubs and systems and services developed to enable the smooth functioning of Emissions Trading Schemes (ETSs), linked pairs of ETSs and networks of ETSs coming together in various formations that can be...

Corporate Social Responsibility (CSR) can work as an effective means towards minimising business risk and maintaining amicable relationships with diverse groups of stakeholders. While many studies have examined the impacts of CSR on firm value and customer perceptions, little is known about the...

We investigate whether global cooperation for emission abatement can be improved if asymmetric countries can sign different parallel environmental agreements. The analysis assumes a two-stage game theoretical model. Conditions for self-enforcing sets of agreements and the resulting total...

There are often "gains from sharing" underutilized goods with others. People routinely share tools, media, gear, electronics, toys, space, and vehicles with relatives, friends, and neighbors, and the internet is opening up new opportunities to share them with strangers. Drawing on the work of...

"This book presents eleven classic papers by the late Professor Suzanne Scotchmer with introductions by leading economists and legal scholars. This book introduces Scotchmer's life and work; analyses her pioneering contributions to the economics of patents and innovation incentives, with a...