Essays on incomplete information in economic development

This thesis studies the effects of incomplete information on economic development. Relaxing the assumption that information is complete allows for corruption to occur, even in equilibrium, and for poverty traps to develop. The first paper looks at how the lack of enforcement mechanisms affects contr...

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Bibliographic Details
Main Author: Steele, Jennifer Lynn
Other Authors: Stincombe, Maxwell
Format: Others
Language:English
Published: 2008
Subjects:
Online Access:http://hdl.handle.net/2152/3501