Abstract:
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.
JEL-codes:C72D30D70O10P0 (search for similar items in EconPapers) New Economics Papers: this item is included in nep-cdm and nep-pol Date: Written 2004-07-02 Note: 33 pages, Acrobat .pdf View list of references