Games in EconomicDevelopmentBruce WydickBruce Wydick, University of San Francisco

Price ` 795.00 only

Size : 255mm x 180mm

Pages : 314pp

Year : 2014

Binding : Paperback

ISBN : 9781107461697

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Games in Economic Developmentexamines the roots of poverty andprosperity through the lens of elementarygame theory, illustrating how patterns ofhuman interaction can lead to viciouscycles of poverty as well as virtuous cyclesof prosperity. This book shows how bothsocial norms and carefully designedinstitutions can help shape the 'rules of thegame', making better outcomes in a gamepossible for everyone involved. The bookis entertaining to read, it can be accessedwith little background in developmenteconomics or game theory. Its chaptersexplore games in natural resource use;education; coping with risk; borrowing andlending; technology adoption; governanceand corruption; civil conflict; internationaltrade; and the importance of networks,religion, and identity, illustrating conceptswith numerous anecdotes from recent

Games in EconomicDevelopmentBruce Wydick

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world events. Comes complete with anappendix, explaining the basic ideas ingame theory used in the book.

CONTENTS

1. Economic development,interdependence, and incentives

2. Games

3. Development traps andcoordination games

4. Rural poverty, development, and theenvironment

5. Risk, solidarity networks, andreciprocity

6. Understanding agrarian institutions

7. Savings, credit, and microfinance

8. Social learning and technologyadoption

9. Property rights, governance, andcorruption

10. Conflict, violence, and development

11. Social capital

12. The political economy of trade anddevelopment.