Optimal level of regulation and regulatory reform seem to be an undisputed objective. However, in the context of financial regulation there are differences and disagreements over the optimal level of disclosure of information and capital adequacy standards. In this paper, instead of offering a...

With air pollution growing at an alarming rate, it is becoming necessary to quantify correctly the level of toxicity in the air. The novelty in our system relies on a cheap, affordable and quick measuring index for the air quality around us. It uses a portable battery powered hub based on an...

We analyse the quality (informativeness and efficiency) of advice obtained from a committee of careerist experts where voting is secret but voting profiles are 'leaked' with an exogenously given probability. We show that fully informative voting is generically possible only when the common prior...

Can public mood swings that make all voters undergo an ideological shift towards a policy, hurt the electoral performance of that policy? The answer depends interestingly on the operations of an apolitical, viewership-maximizing dominant media. The media chooses news quality about fundamental...

We provide a stylised model that shows that having a multi-party setup in a democratic system comprising of a centre and state governments may lead to an aggregative inefficiency. The inefficiency is contingent on the existence of a sufficiently large number of regional parties that promotes a...

In an election over two policies, public mood swings whereby voters move ideologically towards a particular policy should never hurt its electoral performance. We find that this fundamental monotonicity property of preference aggregation cannot be guaranteed in the presence of a commercial...