KRISHNA, Kala; TAN, Ling Hui - In: Annales d'Economie et de Statistique (1997) 47, pp. 39-50
This paper considers the ramifications of quota subcategorization, a practice which characterizes India's system of allocating Multi-Fibre Arrangement (MFA) licenses. We compare the justifications commonly given for this practice with the optimal policies to attain those objectives.