Games in Economic Development
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Description: Games in Economic Development examines the roots of poverty and prosperity through the lens of elementary game theory, illustrating how patterns of human interaction can lead to vicious cycles of poverty as well as virtuous cycles of prosperity. The book shows how both social norms and carefully designed institutions can help shape the "rules of the game," making better outcomes in a game possible for everyone involved. The book is entertaining to read, intended for a broad audience, and can be accessed with little background in development economics or game theory. Its chapters explore games in natural resource use; education; coping with risk; borrowing and lending; technology adoption; governance and corruption; civil conflict; international trade; and the importance of networks, religion, and identity, illustrating concepts with numerous anecdotes from recent world events. An appendix explaining basic ideas in game theory used in the book is provided for interested readers.
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All the information you need in one place! Each Study Brief is a summary of one specific subject; facts, figures, and explanations to help you learn faster.
List price: $40.99
Copyright year: 2008
Publisher: Cambridge University Press
Publication date: 12/24/2007
Size: 7.00" wide x 10.00" long x 0.75" tall
BRUCE WYDICK is professor of economics and international studies at the University of San Francisco. He has published academic articles in leading economics journals and was the lead investigator of the worldwide impact study of Compassion International's child sponsorship program.
|Economic development, interdependence, and incentives|
|Development traps and coordination games|
|Rural poverty, development, and the environment|
|Risk, solidarity networks, and reciprocity|
|Understanding agrarian institutions|
|Savings, credit, and microfinance|
|Social learning and technology adoption|
|Property rights, governance, and corruption|
|Conflict, violence, and development|
|The political economy of trade and development|