Can Game Theory Help Understand Human Behavior in Times of Crisis?

Human behaviour often follows a pattern – there is an event, then a reaction, and then further reactions, few of them original, many of them borrowed. It is usually the most negative events – like crises, that evoke the most powerful reactions from people, surely replicated by others in some form or other. But what if we had an existing framework that mapped out how predictably we react?

The Saudi Arabian Resource Curse: Cultivating Socio-Economic Ignorance on Overdependence?

This column elucidates the resource curse paradox by positioning the case study of Saudi Arabia at the center of the concept. It delineates the disadvantageous position of this resource-rich country during the period of shock and its recovery phase. Furthermore, it paints in words the implications of oil abundance on the imperfect correlation that exists between religion and women’s rights in Saudi Arabia.

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