In this paper we seek to provide a resolution of the Edgeworth paradox for the case where firms are free to supply less than the quantity demanded, the residual demand function is {\it manipulable} (a generalization of the proportional one) and prices vary over a grid. We demonstrate that a...

This paper studies the effect of decentralization of management and control on forest conservation in the central Himalayas. The density of forest cover (measured with satellite images and field surveys) in forests managed by village councils is compared with that in state-managed forests and in...

This paper analyzes child labor in a fully dynamic model with credit constraints. It considers the ong-run and short-run effects of an array of policies like lump-sum subsidy, enrollment subsidy, improvement in primary education and variations in loan market parameters. It is shown that some...

We study mechanism design in a setting where agents know their types but are uncertain about the utility from any alternative. The lnal realized utility of each agent is observed by the principal and can be contracted upon. In such environments, the principal is not restricted to using only...

How does information on environmental risks obtained by individuals in developing countries affect environmental quality? The literature reveals that for issues like water quality and pesticides, information affects individual behavior and risks are reduced through individual action. However,...

Biomass burning of agricultural field residue (stalks and stubble) during wheat and rice harvesting periods in the Indo-Gangetic plains has led to substantial emission of trace gases and particles. This paper seeks to address the regulation of emissions from open field burning of rice residue in...

The public goods problem (Hardin, 1968) either viewed as a problem of extraction or that of contribution has had a long history in the Social Sciences. Our experimental design uses a standard Voluntary Contributions Mechanism (VCM) game with a moderately large group of ten and face-to-face...

This report is based on a prospective study which attempted to estimate the cost of treatment borne by the cancer patients at an academic tertiary public hospital. There is a lack of information about the financial burden of major illness like cancer on patient and their families. An...