Relationship-based contract enforcement is commonly thought to limit market expansion. In contrast, this paper illustrates how relationship-based contract governance accommodates new entrants into market exchange using a case study of the cycle-rickshaw rental market in a city in central India....

This paper uses random assignment of students to investigate the impact of study groups and roommates on academic achievement. We find that informal social interaction with roommates has a significant positive impact on academic achievement while study group peers have no discernible impact, a...

We address the challenge of designing performance-based incentive schemes for schoolteachers. When teachers specialize in different subjects in a society with social prejudice, performance-based pay that depends on the average of student performance can cause teachers to coordinate their effort...

The competition law rules are of immense importance for optimal functioning of the economic variables as they not only vouchsafe against the monopolistic and exploitative tendencies of the bigger market players, they are also instrumental in providing the smaller and newer entrants in the...

One of the major measures embedded in the WTO's Agreement on Agriculture is the 'Special Safeguard Measures' (SSM). This has been provided as an exception to the general rule of abolition of quotas and freedom of trade for the members of this international institution to protect their domestic...