Models: Difference between revisions
From Dickinson College Wiki
Jump to navigationJump to search
No edit summary |
No edit summary |
||
| Line 1: | Line 1: | ||
Attempting to model microcredit is not easy task. It involves first acknowledging that the impoverished communities that microcredit targets are stuck in a "bad" equilibrium. | Attempting to model microcredit is not easy task. It involves first acknowledging that the impoverished communities that microcredit targets are stuck in a "bad" equilibrium. Unless there is intervention in the market, the economy will be stuck in a perpetually state of poverty. | ||
Revision as of 17:26, 15 April 2007
Attempting to model microcredit is not easy task. It involves first acknowledging that the impoverished communities that microcredit targets are stuck in a "bad" equilibrium. Unless there is intervention in the market, the economy will be stuck in a perpetually state of poverty.
