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Synopsis
Volume I of this two-volume set focuses on theoretical work. These two volumes of readings attempt to bring some degree of structure to a relatively diffuse field. Because of the sheer volume of high-quality work in development economics research, they are intended as a sampling of work at the frontier of the field, rather than as a comprehensive overview.Volume I: Micro-Theory focuses on theoretical work. Topics covered include sharecropping as a principle-agent problem, fragmented duopolies, credit market imperfections, poverty traps, peer monitoring in credit cooperatives, coordination failures, human capital accumulation as an engine of growth, and environmental issues in development.
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Synopsis
These two volumes of readings attempt to bring some degree of structure to a relatively diffuse field. Because of the sheer volume of high-quality work in development economics research, they are intended as a sampling of work at the frontier of the field, rather than as a comprehensive overview. "Volume 1: Micro-Theory" focuses on theoretical work. Topics covered include sharecropping as a principle-agent problem, fragmented duopolies, credit market imperfections, poverty traps, peer monitoring in credit cooperatives, coordination failures, human capital accumulation as an engine of growth and environmental issues in development. "Volume 2: Emprirical Microeconomics" focuses on empirical work. Topics covered include the relationship between wages and health, the role of human capital and demographic change, the internal structure of households, information imperfections in factor markets, the permanent income hypothesis, the possibility of Pareto-efficient allocation of risk in villages, and the relationship between property rights and investment decisions.
About the Author
Pranab Bardhan is Professor of Economics at the University of California, Berkeley. He is the author of Scarcity, Conflicts, and Cooperation (MIT Press, 2004) and coeditor (with Christopher Udry) of Readings in Development Microeconomics, Volumes I and II (MIT Press, 2000).
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- PublisherMIT Press
- Publication date2001
- ISBN 10 0262522829
- ISBN 13 9780262522823
- BindingPaperback
- Number of pages380
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