A regret analysis has been carried out in this article to show why more risk-averse people are more religious. By regret here we mean avoidable cost or opportunity cost. Some interesting results have been found. It has been observed that the regret for not worshipping God when bad fortune...

Institutions play an important role in explaining poverty. Along with institution, fundamental forces like geography and climate influence poverty too. Analysis shows that probability of being poor is high for countries at the equator but it declines with latitude. Empirical evidence in India...

Displeasure is a concept in emotion research, and has been studied over a long time. But this concept is not significantly addressed in planning and development except very few. In reality, displeasure leads to conflict, which in turn outbursts into violence, terrorism and so on. In this...

Conflict between India and Pakistan is one of the major conflicts in the world today. The conflict has been continued since the creation of Pakistan out of India in 1947 and turned into several wars during the last century. At the time of partition of India, the native states (also called...

This paper involves an analysis to investigate the limits to GDP growth in the present economic scenario. One objective of this study is to investigate how innovation alters these limits to economic growth. The present analysis is based on cross-section data. Results show the impact of the size...

The on-going trade conflict between US and China, called the trade war, is a burning issue of the day. One major factor of trade war is protectionism. Apart from protectionism there are other reasons for trade war which had nothing to do with trade. Sometimes trade is used as a weapon to punish...

Demonetization was a big shock in Indian economy. Indian people responded differently to this demonetization shock. More than eighty percent of the common people favored the government decision to demonetize higher denomination in spite of their sufferings. Some people vehemently opposed the...

Of all natural disasters, floods are the most consistently recurring events in India. India has several regions that are particularly vulnerable to floods. During the last decade India was affected by flood more than other events. An analysis of vulnerability of flood in different States in...

Conflict resolution curve (CRC) separates conflict styles into two separate domains: domain of competing entities and domain of accommodating entities. There is a sort of agreement between targets and aggressors on this curve. Their judgements of badness compared to goodness of each other are...

Any wrong strategy sends a wrong signal, and misleads the target to understand the possibility of a threat from the provocateur. It may ultimately lead to a non-ending conflicting situation. Russia NATO conflict has been analyzed in the light of the above hypothesis