This paper examines entry deterrence in a duopoly where the postentry game is Stackelberg. It is argued that, in reality, firms can use a broader range of precommitments than is allowed for in the literature. This paper permits such precommitments and analyzes the perfect equilibria. It also...

In today's complex and fast evolving environment, understanding India's economy is not just an intellectual challenge, but, with the country emerging as a major global player, also a requirement. The Oxford Companion to Economics in India (2007) was the first comprehensive A-Z guide to...

The rise of game theory around the middle of the twentieth century has profoundly affected the way economic theory is practiced. The present book is a collection of Kaushik Basu s papers on game theory and, more generally, strategic analysis. It includes papers in both pure and applied theory....

Amartya Sen has made deep and lasting contributions to the academic disciplines of economics, philosophy, and the social sciences more broadly. He has engaged in policy dialogue and public debate, advancing the cause of a human development focused policy agenda, and a tolerant and democratic...

Mainstream economics was founded on many strong assumptions. Institutions and politics were treated as irrelevant, government as exogenous, social norms as epiphenomena. As an initial gambit this was fine. But as the horizons of economic inquiry have broadened, these assumptions have become...

Amartya Sen has made deep and lasting contributions to the academic disciplines of economics, philosophy, and the social sciences more broadly. He has engaged in policy dialogue and public debate, advancing the cause of a human development focused policy agenda, and a tolerant and democratic...

The fourth and the final of Basu's collected essays corpus, this volume is a collection of his inter-discliplinary essays straddling several of the social sciences and also the philosophical foundation of economics. This is a collection of relatively less technical papers and should be of...