In this note it is shown that in contradiction to the well-known claim in Cox (AJPS, 1987) (repeated in a number of subsequent works), the uncovered set in a spatial voting situation does not necessarily coincide with the core even when the core is non-empty.

In this paper we examine whether an incentive scheme for improving research can have adverse effect on research itself. This work is mainly motivated by the Research Assessment Exercise (RAE) and the Research Excellence Framework (REF) in UK. In a game theoretic framework we show that a scheme...

We focus on sparse modelling of high-dimensional covariance matrices using Bayesian latent factor models. We propose a multiplicative gamma process shrinkage prior on the factor loadings which allows introduction of infinitely many factors, with the loadings increasingly shrunk towards zero as...

The approach of India’s political establishment toward economic reforms and economic policy-making may have undergone major changes in the last few decades, but its terms of engagement with international financial institutions, particularly with the International Monetary Fund (IMF),...

The present study proposes a method to estimate the yield of a crop. The proposed Gaussian quadrature (GQ) method makes it possible to estimate the crop yield from a smaller subsample. Identification of plots and corresponding weights to be assigned to the yield of plots comprising a subsample...