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Cycles of Distrust: An Economic Model

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NBER2012-07-01 更新2025-01-04 收录
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We propose a model of cycles of distrust and conflict. Overlapping generations of agents from two groups sequentially play coordination games under incomplete information about whether the other side consists of "extremists" who will never take the good/trusting action. Good actions may be

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2012-07-01
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