Regulation of retail finance has been the subject of policy interventions in several countries, including India. Much of the regulatory change in India has been carried out with little support of empirical evidence. This paper is motivated by questions of the evidence of losses due to mis-sales...

The most important single observation from this research is the similarity between our wide range of results and the multitude of seemingly divergent conclusions about free riding from previous experimental results. Even when defined in the restrictive manner of this paper, free riding is...

An Integrative Book Overview Chapter -- The Indian Bankruptcy Reform: The State of the Art -- Reforms and Regulators -- Distortions in Land Markets and Their Implications for Credit Generation in India -- Value Destruction and Wealth Transfer Under the Insolvency and Bankruptcy Code -- The...

A traditionally conservative country in financial matters, India enacted a series of reforms in response to its balance of payments crisis in the early 1990s. But since then only halting progress has been made, raising concerns about India’s rising fiscal deficit, inefficiencies in its...