Readings in Development Economics, Vol. 1: Micro-Theory

by Pranab Bardhan, Christopher Udry

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 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.

376 pages, Paperback

First published November 13, 2000