This paper looks at the role of redistributive politics and corruption in the utilization of foreign aid. We find that the governments in relatively poor countries have incentive to adopt ‘bad policies’ which do not improve the growth rate of the economy. On the other hand, the governments...

The combined scheduling of hydro, thermal and hybrid energy (i.e., wind and solar) is attracting more and more attention nowadays. This paper explores the contribution of renewable energy sources in the traditional hydrothermal scheduling problem in order to overcome the prevailing issues like...

This paper introduces "harassment" in a model of bribery and corruption. We characterize the harassment equilibrium and show that taxpayers with all possible levels of income participate in such an equilibrium. Harassment has a regressive bias. Harassment cost as such may not affect tax revenue....

The paper develops a model in which a country with better technology for abatement of Green House Gas (GHG) emission (the North) commits to an international protocol to keep the global GHG emission within a specified limit while it helps the mitigation effort in the other country (the South)...

1. Introduction -- 2. Does an employment protection law matter? A panel data analysis of selected OECD countries, 1985-2012 -- 3. Network of legal citations: an analysis of some supreme court decisions on land acquisition in India -- 4. Surrogacy Contracting and Intermediation -- 5....