English, Article, Journal or magazine article edition: Trust, Primary Commodity Dependence and Segregation A. SCHOLLAERT; D. VAN DE GAER

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Bookmark: http://trove.nla.gov.au/version/14966
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Trust, Primary Commodity Dependence and Segregation
Author
  • A. SCHOLLAERT
  • D. VAN DE GAER
Physical Description
  • preprint
Notes
  • Many third world countries seem to fail to create a growth-promoting and peaceful institutional framework and are plagued by ethnic, religious or social conflict. This paper focuses on the impact of primary commodities on group behavior and, thus, on the nature of the resulting societies. Strategies are analyzed in a basic one-shot game with two players and two strategies, in which priors vis-a-vis the other player matter. We show that poverty, foreign interference and trust influence a group's willingness to cooperate. Under some circumstances (partial) segregation and (political) strife prove to be utility-maximizing and equilibrium strategies.
  • Non Cooperative Games; Natural Resources; Trust.
  • RePEc:rug:rugwps:03/​190
Language
  • English
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