Steel is the inevitable material for the infrastructure and has the strategic importance for the growth of the country. Iron and steel making industry is one of the most energy-intensive industries, with 5% of the worlds total energy consumption. Therefore, it is required to develop suitable and...

The paper aims to analyze the effect of size and group affiliation on the Technical Efficiency (TE) of Indian Public Sector Banks (PSBs) within a cross-sectional perspective. Since the correct functional form of the production function of the bank is not known, the technique of Data Envelopment...

The study endeavors to break down output growth in the Indian sugar industry into the 'perspiration' component that corresponds to factor accumulation and the 'inspiration' component that corresponds to the total factor productivity (TFP) growth. The bootstrapped Malmquist productivity index has...

One of the best known ideas in the study of bounded rationality is Simon's satisficing; yet we still lack a standard formalization of the heuristic and its implications. We propose a mathematical model of satisficing which explicitly represents agents' aspirations and which explores both...

Using cross-sectional data for 51 banks, this paper not only endeavours to measure the extent of technical efficiency in the Indian domestic banking industry, but also explores the most influential factors explaining its variations across banks. The empirical results show that: only 9 of the 51...

Peering arrangements between Internet Service Providers (ISPs), in which providers agree to carry traffic originating from a peer, are common in the Internet. A common contractual peering agreement between smaller ISPs is "Bill-and-Keep", where no money changes hands between the peers. This...

We study self-interested routing in stochastic networks, taking into account the discrete stochastic dynamics of such networks. We analyze a two-station multiclass queueing network in which the system manager chooses the scheduling rule and individual customers choose routes in a self-interested...

We study a profit-maximizing firm providing a service to price and delay sensitive customers. We are interested in analyzing the scale economies inherent in such a system. In particular, we study how the firm's pricing and capacity decisions change as the scale, measured by the potential market...

This paper studies a rental firm that offers reusable products to price- and quality-of-service-sensitive customers--Netflix or Blockbuster can be thought of as the canonical example. Customers' perception of quality is determined by their likelihood of obtaining the product or service...

This article investigates the relevance of the inclusion of non-traditional activities in the specification of banks' output on the efficiency of Indian banks. The results indicate that the exclusion of non-traditional activities not only understates the cost, technical and allocative...