Bruce Wydick – Games in Economic Development
Bruce Wydick – Games in Economic Development
Bruce Wydick – Games in Economic Development
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Description
BRUCE WYDICK – GAMES IN ECONOMIC DEVELOPMENT
Through the lens of elementary game theory, Games in Economic Development shows how patterns of human interaction can lead to vicious cycles of poverty and prosperity. The book shows how carefully designed institutions can help shape the rules of the game, making better outcomes 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. The book explores games in natural resource use, education, borrowing and lending, technology adoption, governance and corruption, civil conflict, international trade, and the importance of networks, religion, and identity. Basic ideas in game theory are explained in an appendix.
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