In this paper, we argue that economists can learn a great deal from the design principles implemented in medical research. We develop a theoretical model to show the logic of adaptive sequential experiment design in the presence of uncertainty over negative effects and discuss how to choose...

At a time in history when conflict erupts daily in far-flung corners of the world, ending severe deprivation may be critical to global peace and stability. Yet we are far from reaching the goal of reducing hunger by 2025. The authors of this book bring good news: hunger can be banished in our...

The Agreement on South Asian Free Trade Area (SAFTA) entered its second phase of implementation in 2008. The creation of a free trade area is expected to affect its participants—Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan, and Sri Lanka—very differently given their diversity in...

"La creciente variabilidad y la fuerte tendencia al alza en los precios mundiales de alimentos durante los últimos dos años han sido motivo de preocupación debido a que pueden aumentar la pobreza y el hambre a nivel mundial. Al mismo tiempo, el aumento en los precios de alimentos es un...