Over the last year and a half, the real value of the rupee has been going up. Neither the government in its budget or otherwise, nor the RBI, seems to be concerned about the deleterious effects of the same on export growth. Both government and the RBI plan to strive for capital account...

Competition between organizations is a pervasive feature of many societies. It is structurally present when the pay-off relations between alternative uses of resources and/or alternative suppliers are zero sum or variable sum. Competition affects the structure and functioning of competing...

This study addresses operational issues in estimation of parsimonious term structure models. When using price errors, objective function in term structure estimation is a highly non-linear function of the parameters. This necessary entails using numerical optimization techniques for estimation,...

The purpose of this study was to assess the degree of professionalism in three all-India level DFIs -–IDBI, IFCI and ICICI. It was also intended to derive implications for developing policies and procedures for managing development banks in general. On the basis of experiences of all-India...

Recently some corporate managers in India have started emphasising the need of the shareholder value creation (SVC). A few of them have explicitly stated SVC as their most important goal. Companies such as the Hindustan Lever Limited, Infosys or Balrampur Chini have reported information on the...

The forces of globalisation are known to squeeze space for local initiatives, ventures and sometimes even innovations. The markets are dominated by large players whose scale of economy makes it difficult for new entrants, even with better products and services to survive. At the same time, there...

In this paper we present a Lagrangian relaxation approach for solving the capacitated plant location problem with side constraints. The side constraints are upper bound constraints on disjoint subsets of the (0-1) variables. We also provide an application where this procedure can be used to...

Evaluation of agricultural technology development and commercial product development revealed that only a small percentage of the new products developed have succeeded in the market. Analysis of the reasons for product success or failure showed that the major factor was a poor understanding of...

In this paper we extend the weak and strong axioms of revealed preference to markets with rationing and establish that if the observed demand behaviour in such markets satisfy the strong axiom of revealed preference, then it is representable by a utility function.

The purpose of this paper is to establish the equivalence of two axioms one of which appear in Nehring [1997] and the other in Nehring and Puppe [1999]. The one in Nehring and Puppe [1999] is due to Aizerman and Malishevski [1981]. We there by improve the existing characterisation of choice...