We study the impact of the odd-even transportation policy (environmental regulation), among other controlled factors on Delhi's pollution levels using panel data. We have daily data on five different pollutants from 9th April 2015 through 29th July 2018 and also pollutant's data over nine...

This paper analyzes the relationship between opportunity costs of waiting and bribery in rationing by waiting situations. Assuming that a uniform waiting time clears the market for any given bribe and the bureaucrat chooses a bribe to maximize profit, the market equilibrium is characterized in...