This paper provides laboratory experimental evidence for prevalence of organizational favouritism. It is significantly found that when subjects where put into a situation where they can offer a job to someone then the choice criteria is based on social ties rather than efficiency. Interestingly,...

In this paper we use a heterogeneously endowed Overlapping Generation model (OLG) in an experimental framework. . In our experimental OLG economy young subjects are asked either to predict the inflation rate for the next period or to decide his/her savings for the current period. We find that...

In India, as in many developing countries, wastewater is often used to irrigate crops. This undoubtedly helps to recycle useful nutrients through the food chain, but, as there can be toxic chemicals in the wastewater, it also poses risks to human health and may reduce the profitability of...

The paper reports the results of an empirical study on the profitability of rice cultivation in the East Calcutta Wetlands region where untreated sewage water from the city of Calcutta, India, is used for the purpose of irrigation during the winter/summer crop. [Working Paper, No 62 - 11]....

Electricity supply chain is a capital intense activity requiring a long gestation period for setting up generation, transmission and distribution assets. A robust and stable regulatory and policy framework provides adequate incentive for investment in such capacities. Further, availability of...

This paper empirically tests two 130/30 strategies using the top 50 stocks listed on the Australian Stock Exchange: a momentum returns driven 130/30 strategy, and a fundamental value based 130/30 strategy. The performance of these enhanced active strategies is evaluated, against traditional buy...

The paper reports the results of an empirical study on the profitability of rice cultivation in the East Calcutta Wetlands region where untreated sewage water from the city of Calcutta, India, is used for the purpose of irrigation during the winter/summer crop. The results show that plots using...

It is now well accepted that trust is crucial for economic and social development. There is also evidence that religion strongly affects how individuals act when interacting with others. The same is true of status. Using a field experiment conducted in Bangladesh and West Bengal, India, two...

Social inequality aversion is measured through a veil-of-ignorance experiment with Indian students. The median relative risk aversion is found to be quite high, about 3, and independent caste.