Report prepared for the Taxation and Customs Directorate General of the European Commission

This study provides detailed evidence on the recent transition state of Central and Eastern European (CEE) countries. It draws on data from a survey conducted among portfolio managers of Western investment funds…

We consider a population initially consisting of cooperators and defectors, who are engaged in a Prisoner's Dilemma. A knowledgeable mutant is introduced who memorizes other players by experience. We derive a…