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Games in Economic Development

Bruce Wydick




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 | #887863 in eBooks |  2007-12-24 |  2007-12-24 | File type: PDF

||7 of 7 people found the following review helpful.| One of the best textbooks on economics, period|By Hagios|Abba Lerner had a penetrating criticism of economics. He said, "An economic transaction is a solved political problem. Economics has gained the title Queen of the Social Sciences by choosing solved political problems as its domain." In the recent past, neoclassical economics has been dominant. But it is based on many load| |"Games in Economic Development presents a unified view of the difference between the rich countries and the third world. The rich countries have institutions that counteract many different co-ordination failures that plague the third world. Bruce Wydick explai

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. This 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, it can be access...

You easily download any file type for your device.Games in Economic Development   |  Bruce Wydick. I really enjoyed this book and have already told so many people about it!

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