First purchase sales volume curve of box type solar cooker indicated that the product has passed maturity in Gujarat. We have initiated collaborative redesign work to improve the product. Central element of redesign concept is the addition of an electrical back up. This will enable users to cook...

Rural India supplies a number of non-farm products for consumption in local market, regional market or even international market. Their production is normally carried out in the decentralised sector. The raw materials are either locally produced or managed from outside. Marketing and financing...

In this paper we provide an algorithm which gives us the unique solution to the problem of minimizing the maximum loss (where loss is measured by unsatisfied demands) for a claims problem. The answer lies crucially on the structure of the problem.

In this paper we set up an analytical framework to study bargaining (or object division) problems in economic environments, propose some new solutions and study the egalitarian equivalent bargaining solution. This analysis extends bargaining solutions defined on a restricted set of environments...

The paper contains the text of the lecture delivered by the author at a seminar organized by the Department of Economics, M.S.University, Baroda under its UGC Special Assistance Programme during December 20-21, 1986. It highlights the state of the art with regard to the role and conduct of...

Road Transport Undertakings in India have been spending approximately between 15-20% of their total expenses on fuel. Given the fact that they visit different towns and sometimes even different states, the fuel which is available at different prices could be purchased in a way that the fuel cost...

The dominant theme in decision theory has been the one where an agent chooses what is perceived to be the best outcome out of a (finite) set of outcomes. This has been the model that economic theory has traditionally favored. In a paper by Baigent and Gaertner (1996) we find a departure from...

In this paper we prove the non-existence of pure bargaining solutions which satisfy Pareto optimality, Anonymity and Invariance With Respect to Allowable Ordinal Transformations.

In this paper we study the responsiveness of choice functions to shifts in multiattribute choice problems.

Rural development is essentially a process of widening decision-making options of the majority of the poor. Creating choices without generating capacity to act might impair learning abilities of both, who create choices and also those who have to exercise these. Development agents, institutions...