Our objective here is to establish an equivalence between the IIA axiom which plays a significant role in axiomatic models of bargaining, and a generalization of WARP which plays a significant role in demand analysis.

Consider the usual regression model Y = X + . The standard estimators of  are (i) Least squares estimator and (ii) Best linear estimator. The paper gives some results on finding an attainable lower bound on the efficiency of least square estimates relative to the best linear estimate....

The objective of this study was to understand the causes for delay in labour judiciary. A sample of 100 cases was drawn from the files of Industrial court and labour courts in Gujarat. It was found that the delay took place particularly at the evidence stage. Adjournments were sought by the...

The paper discusses the extent and spread of economic fluctuations across selected countries during the Great Depression and the last over 40 years. Also, it analyses the possible causes of each major business cycle, the roles that the fiscal and monetary policies have played to counter them,...

An abiding problem in choice theory has been one of characterizing those choice functions which are obtained as a result of some kind of optimization. Specifically, the endeavour has concentrated largely on finding a binary relation (if there be any) whose best elements coincide with observed...

The concepts and nature of large scale modelling have been presented. The necessity of having a good grasp of the system has been stressed. Some of the large scale modelling efforts have been presented.

The Part I of this paper (W.P. 928) analyses the question: ‘How is one work different from the other? and proposes seven basic and thirteen other supplementary/corollary propositions. According to these, each work has mental and manual components. Higher the mental component in a work, higher...

Often the technological solutions to problems arising out of low productivity of grazing lands in arid and semi-arid regions are searched in a very narrow framework. Different classes of users ranging from landless livestockmen to landed livestockmen are considered equally vulnerable in the...

This paper evaluates from the author’s points of view, the current status of experimental social psychology as a positive science and a means of solving problems faced by potential users of social psychological knowledge. Furthermore, it describes five different experiments conducted by the...

The fundamental task which all developing countries are facing is that of economic growth. To achieve this objective, developing countries have to generate huge resources both financial and managerial as well as technology and marketing skills both internally as well as externally. Because of...