Since the publication of Arrow’s (1951) impossibility theorem, much effort has been spent on the analysis and rationalizability of committee decision making. The traditional approach to this problem considers rules which aggregate individual binary relations to a binary relation for society....

The linkages between farmers, scientists and extension workers have been studied through several angles. The barriers to learning at individual and organizational level have been listed. The relation between the type of linkages and the portfolio of enterprises households have, is discussed...

The failure of public enterprises to generate the targeted resources is a major factor responsible for the rising public sector deficit in India – a problem which in turn may create the following problems: crowding out of private sector from financial markets, inflation, and balance of...

This paper applies the tools of institutional economics – especially those pertaining to informational asymmetry and transaction costs - for studying the credit problems of small farmers in India, who, in spite of a vast network of credit institutions developed over a long period of time under...

This report is based on two small scale studies to obtain consumer images and perceptions about cooperative outlets. One study focused on consumer views about a locality cooperative store and the other on a cooperative department store. The study has shown that “non-adulteration” is the...

O.R. researchers in India have been making contributions to O.R. literature from its early days of development. They have published hundreds of original research papers in well-known journals. This review focuses on the contributions made by Indian researchers to the published O.R. literature in...

In the last decade, a considerable amount of research has been done justifying the need to introduce inflation accounting in reporting the financial results of a business unit. In this paper, I have reviewed the recent developments in inflation accounting and the role played by the accounting...

The tax deductibility of interest cost seems to be the major reason for the existing very high level of corporate borrowings in India. It is therefore suggested in this paper that interest cost may be disallowed as a deductible expense and simultaneously, the corporate tax rate may also be...

The concern for the health of the population, particularly the weaker sections of the society has been articulated by an increasing number of planners. As a consequence the search for an alternative health care system has gained momentum. The report, “Health for All: An Alternative Strategy”...

The paper develops a methodology for decision making with respect to selling of debentures and shares (both ordinary and preference). The model is first developed in terms of a hypothetical numerical example and then the same is presented in terms of a mathematical model. The models so developed...