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Article #2757

Re: Theories of underdevelopment

#2757
From: Fabrizio J. Bonsignore
Date: Mon, 18 Oct 2004 15:32
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fbonsignore@beethoven.com (Fabrizio J. Bonsignore) wrote in message news:<768f7623.0410161351.7a61a1ef@posting.google.com>...
> A game theory model can be tested computationally by simulating lots
> of two person games where envious, neutral and cooperative solutions
> occur in a fixed proportion (or a variable proportion based on
> previous values, total values, etc). It can be controlled with the
> same pay matrixes simulated for pure strategies, envious, neutral and
> jealous, and the values compared. There are several variations that
> can be tried on the same basic idea.

QED.

For instance: games may be added to the simulation according to global
gains (sum off all game results, GNP); neutral or cooperative
strategies may be used for small gains (both gain), but envious
strategies when gains are too big or disproportionate. Of course, a
"national strategy" would be the probability distribution of
individual strategies of players. And this model can be "filled" by
actual figures (kind of econometrics), for instance, by making
interviews or monitoring current behaviours...
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From: fbonsignore@beethoven.com (Fabrizio J. Bonsignore)
Newsgroups: sci.econ,ny.general,dc.general,seattle.general,la.general
Subject: Re: Theories of underdevelopment
Date: 18 Oct 2004 08:32:17 -0700
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