Delegates from 180 countries met in Bonn during July 2001 to substantiate the Kyoto Protocol signed in 1997 which imposes limits for greenhouse gases on industrialized countries. After the withdrawal of the…
Global warming is widely considered to be one of the most serious environmental problems for current and future generations. Moreover, the apparent failure of the Kyoto protocol to effect a meaningful reduction…
In a series of experiments we show that people learn to play the efficient outcome in an open-ended rent-seeking game. This result persists despite quite different experiment environments and settings, like…
Contributions to Edited Volumes and Conference Proceedings
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2002
Real governments are at least to some extent also motivated by the objective of maximizing their political income. In a standard political economy model, this means that governments try to maximize their chance…
