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Evolutionary games and poverty traps
This book explores how persistent states of underdevelopment can arise in strategic environments in which players are imitative rather than fully rational. Standard growth theory teaches that poverty traps are stable, low-level balanced growth paths to which economies gravitate due to adverse initia...
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| Lenguaje: | eng |
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Cambridge Scholars Publishing
2016
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| Acceso en línea: | http://cds.cern.ch/record/2667666 |