In this paper we obtain necessary and sufficient conditions for optimality in dynamic optimization problems governed by integral state equations.

Previous research showed that prediction of life performance from information about motivation and ability follows the multiplying rule. The present experiment added a third supposedly multiplying factor, external opportunity, and tested the plausibility of the three-factor multiplying model....

A review of the existing literature suggests that employees in unionized workplaces have significantly more voice mechanisms present than in non-unionized workplaces. In India, historically, the trade unions have played the role of an agent of social and economic changes, protecting and...

This paper studies the actual process of grievance resolution from a political perspective in one of the largest integrated public sector steel plants in India. Six grievances case were analyzed from a political perspective. It is found that sources of power of the key actors and the influence...

An evaluation and bound procedure is developed which offers substantial improvement over conventional approach. The improvement is measured in terms of the simplicity of the judgments and the number of judgments that are required from the decision-maker in identifying a preferred decision...

This paper provides new insights on the way in which the capital structure and market power and capital structure and profitability are related. We predict and show that capital structure and market power, as measured by Tobins Q, have a cubic relationship. That is, at lower and higher ranges of...

The Jawaharlal Nehru Port Trust (JNPT), an autonomous body under the Major Port Trusts Act, 1963, was commissioned on 26th May, 1989. The port was originally planned to decongest the Mumbai port and serve as a hub port for container handling for the region. JNPT became the first Indian port to...

In this study we look at the statistical properties of components forming the Wholesale Price Index (WPI), the headline inflation index for the Indian economy. We find that not only is the distribution of price changes at the disaggregate level highly leptokurtic, but also the cross-sectional...

Beginning with the eighties there has been a growing perception, in developed and developing countries alike, that the modern state has extended itself beyond its governance capacity. In many countries the state is perceived as soft and ill-governed. One response to the ill-governed state has...

Regions of high biodiversity are often inhabited by the poorest people. The irony is that many of local healers and other herbal experts do not even charge for their services to the community. They conserve biological diversity despite remaining poor themselves. Their superior ethics cannot be a...