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- W1977987029 abstract "It is generally thought that in long-term relationships high valuations of the future are conducive to cooperation. In an intertemporal model of conflict, however, we demonstrate the possibility of the opposite effect: a longer shadow of the future may harm cooperation. In particular, we show that the degree of inefficiency is positively related to: (i) the agents' valuation of the future, (ii) potential growth rates in resources, (iii) the size of initial resource endowments, and (iv) the effectiveness of conflict." @default.
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- W1977987029 date "1996-05-01" @default.
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- W1977987029 title "Can the shadow of the future harm cooperation?" @default.
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- W1977987029 doi "https://doi.org/10.1016/0167-2681(95)00077-1" @default.
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