Poverty eradication: the need for good citizenship

This paper makes use of game theory to argue that poverty and inequality can be understood as the outcome of a repeated game in which the players are caught in a poverty trap, or “prisoners’ dilemma”. They can escape this dilemma by means of cooperation and co-ordination, requiring appropriately de...

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Bibliographic Details
Main Author: Wim Naudé
Format: Article
Language:English
Published: University of the Free State 2003-12-01
Series:Acta Academica
Online Access:https://journals.ufs.ac.za/index.php/aa/article/view/789