We develop an ordinal approach to comparing the equilibria of economic models. The main advantages of this approach, compared to the traditional approach based on signing derivatives, are that (1) it utilizes only a subset of the assumptions traditionally made, resulting in a simpler theory, (2)...

In times of highly volatile commodity markets, governments often try to protect their populations from rapidly-rising food prices, which can be particularly harsh for the poor. A potential solution for food-deficit countries is to hold strategic reserves, which can be called on when...

A long-standing question in social science is to what extent differences in management cause differences in firm performance. To investigate this, the authors ran a management field experiment on large Indian textile firms, providing free consulting on modern management practices to a randomly...

In times of highly volatile commodity markets, governments often try to protect their populations from rapidly rising food prices, which can be particularly harmful for the poor. A potential solution for food-deficit countries is to hold strategic reserves that can be called on when...

This paper is an exploration of the potential place, if any, for ethics in corporate governance. It begins with the influential role that agency theory has played both in the conception and reform of corporate governance. Its grounding assumption of self-interested opportunism leaves little or...

This chapter describes the approach to sustainable rail passenger rolling stock in terms of interior passive safety requirements within the European market. It is intended to give the background and logistical approach for the future introduction of a standard as an aid for the design and...

This chapter provides a taxonomy of key rolling stock types and covers the key engineering principles. This chapter concentrates on the aspects of the rolling stock that make it sustainable in terms of passenger transportation; these aspects are primarily safety and crashworthiness. These are...