Foreword
James W. Friedman.
Introduction Part I: Institutions and Efficiency 1. Market Failures: Almost Always?
Anjan Mukherjee 2. Encompassing Interests, Regionalism and Public Investment
Sugato Dasgupta, Bhaskar Dutta and Kunal Sengupta 3. Bribe Chains in a Police Administration
Amal Sanyal 4. Notes towards Rationality and Institutions
Manimay Sengupta Part II: Choice and Values 5. Characterization of a Second-Best Rationalizable Choice Function with General Domain
Taposik Banerjee 6. Domain Condition for Quasi-Transitive Rationalizability
Debabrata Pal Part III: Law and Economics 7. Existence and Efficiency of Equilibria: When Care is Multi-Dimensional
Ram Singh 8. On the Efficiency of (1,2)-Incremental Liability Rules: Some Results
Rajendra Kundu 9. On Breach Remedies: Contracting with Bilateral Selfish Investment and Two-Sided Private Information
Sugata Bag Part IV: Stratagems and Private Gains 10. Auctions with Ceilings
Priyodorshi Banerjee and Archishman Chakraborty
11. Corruption in Union Leadership
Sarbajit Chaudhuri and Krishnendu Ghosh Dastidar Part V: Development and Policy
12. Alternative Models for Structural Change and Unbalanced Growth
Amitava Bose
13. Public Expansion of Higher Education and a Dynamic Todaro Paradox
Subrata Guha Part VI: Social and Economic Measurement
14. On a Family of Indices for Envy in Situations of Income Inequality
Ravindra Ranade and Yukie Shimone
15. On a Distance Function-Based Inequality Measure in the Spirit of the Bonferroni and Gini Indices
S. Subramanian
16. Vulnerability to Poverty: An Expected Poverty Index
Satya R. Chakravarty and Nachiketa Chattopadhyay
17. On Literacy Rankings
Tapan Mitra Part VII: Epilogue 18. The Stability of Binary Social Decision Rules
Satish K. Jain.
About the Editors.
Notes on Contributors.
Index
Subrata Guha is Associate Professor, Centre for Economic Studies and Planning, Jawaharlal Nehru University, and has been associated with research and teaching there since 1999.
Rajendra Prasad Kundu is Assistant Professor, Centre for Economic Studies and Planning, Jawaharlal Nehru University. He has taught at Jadavpur University and at the Delhi School of Economics, University of Delhi.
S. Subramanian is an ICSSR National Fellow affiliated with the Madras Institute of Development Studies, from where he retired as a professor. Previously, he was a consultant with the Planning Commission of India and the Bureau of Industrial Costs and Prices, Government of India.