Foreword -- Introduction / Krishnendu Ghosh Dastidar, Hiranya Mukhopadhyay and Uday Bhanu Sinha -- General equilibrium, macroeconomics, and economic dynamics. Markovian equilibria in a dynamic general equilibrium model with heterogeneous consumers / Subir K. Chakrabarti -- On some monotone Markov models / Mukul Majumdar and Nigar Hashimzade -- On optimal forest management : a bifurcation analysis / Swapan Dasgupta and Tapan Mitra -- Multiple equlibria in a dynamic two country model / Kazumichi Iwasa and Kazuo Nishimura -- Observability of chaotic economic dynamics in the Matsuyama model / Makoto Yano, Kenji Sato and Yuichi Furukawa -- A simple exposition of learning by doing in endogenous growth theory / Dipankar Dasgupta -- Economic growth and the quality of teachers in a public education system / Mausumi Das and Subrata Guha -- Wealth effects / Amitava Bose -- Investment-led growth cycles : a preliminary re-appraisal of Taylor-type monetary policy rules / Soumya Datta -- Games and information : applications and experiments. Distraction and incentives / Abhijit V. Banerjee and Sendhil Mullainathan -- Liquidity preference and information / Sandeep Kapur -- Coordination in teams / Tridib Sharma and Ricard Torres -- Decomposition of accident loss and efficiency of negligence rule / Satish K. Jain and Rajendra P. Kundu -- International cartels and spheres of influence / Aditya Bhattacharjea -- Price competition in a mixed duopoly / Krishnendu Ghosh Dastidar and Uday Bhanu Sinha -- Recommended play versus costly punishments in a laboratory public goods game / Ananish Chaudhuri and Tirnud Paichayontivijit -- Socio-economic problems of India : applications of theory to policymaking. Private investment in human capital and industrial development : the case of the Indian software industry / Ashish Arora and Surendrakumar Bagde -- India's monetary policy accommodation during the global crisis--was it effective? / Bruno Carrasco and Hiranya Mukhopadhyay -- Arranged marriage, co-residence and female schooling : a model with evidence from India / Indraneel Dasgupta, Pushkar Maitra and Diganta Mukherjee.
Summary:
"What is the role of human capital in the regional location of the software industry? Why did policy rate cuts in India not lead to a rapid lowering of the banks' lending rates in the context of the financial crises? How does women's education impact on patrilocal marriage and cultural norms? What is the impact of the quality of teachers on the growth process in a small economy with a universal public education system? This volume engages with various such topical issues through an innovative use of theory and quantitative tools. The essays underline the significance of economic policy having sound theoretical moorings. With an interesting mix of topics that have gained importance in the economics discourse in recent times alongside the more classical issues, the volume is divided into three broad themes: (i) general equilibrium, macroeconomics, and dynamic modeling in economics; (ii) applications of game theory to economics and information economics; and (iii) applications of theory to policymaking. The topics covered in Part I include Markov processes, general equilibrium under uncertainty, wealth effects and macroeconomics, aspects of economic growth, and applications of dynamic modeling to forest management and international trade. Part II analyses efficiency wages, collusion in oligopolies, cartels in international competition, price competition in a mixed duopoly, strategic aspects of liability rules, and liquidity preference. Part III provides a rigorous analysis of some socio-economic problems of India."--Publisher's website.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.