Pranab K. Bardhan (Department of Economics, University of California, Berkeley) Nirvikar Singh (Department of Economics, University of California, Santa Cruz)
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In a model where cooperation is beneficial, but subject to cheating, and is supported by trigger strategy punishments in a repeated game, we explore the relationship between the nature of cooperation (size and composition of coalitions) and underlying inequality in the distribution of private productive assets.
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Find related papers by JEL classification: C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games D30 - Microeconomics - - Distribution - - - General D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General P0 - Economic Systems - - General
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