Why agents cooperate is an old question that has been widely studied in economics, as well as in other disciplines. In economics, the focus has been mainly put in analyzing whether cooperative behaviors may arise from ...

This paper studies the effects of ambiguity on long-run cooperation in infinitely repeated games with strategic players. Using a neo-additive capacities framework, which allows us to work with a utility function ...

This paper studies the effects of ambiguity on long-run cooperation, by analyzing the infinitely repeated Prisoner’s Dilemma and its application to Cournot’s duopoly model. We show that ambiguity decreases the likelihood ...

The struggle of NGOs to promote sustainable behavior from companies has successfully gained public sympathy, and has triggered a rising number of international voluntary agreements, public policy initiatives, and even state ...

The present work approaches the matter of the Law of Property and its social function according to John Rawls theory of justice, having the intention to understand what the role of the property is to the author, the ways ...

Financial institutions are fundamental in any economy, factors such as the strong regulation of the banking industry, measurement and evaluation in terms of performance and efficiency have been key to financial institutions. ...