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Games in Economic Development

ISBN-10: 0521867584

ISBN-13: 9780521867580

Edition: 2008

Authors: Bruce Wydick

List price: $108.00
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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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Book details

List price: $108.00
Copyright year: 2008
Publisher: Cambridge University Press
Publication date: 1/14/2008
Binding: Hardcover
Pages: 314
Size: 7.00" wide x 10.00" long x 0.75" tall
Weight: 1.584
Language: English

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.

List of Figures and Tables
Preface
Economic Development, Interdependence, and Incentives
Games
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
Social Capital
The Political Economy of Trade and Development
Appendix
Exercises for Interested Readers
References
Index