We study how spillovers from water pollution cleanup in the Ganges affect social welfare in an aggregate economy consisting of Kanpur and Varanasi, two cities through which this river flows. We view pollution cleanup in both cities as a local public good and point out that, if Kanpur cleans up...

We exploit the public good attributes of Ganges water pollution cleanup and theoretically analyze an aggregate economy of two cities-Kanpur and Varanasi-through which the Ganges flows. Our specific objective is to study whether water pollution cleanup in these two cities ought to be provided in...

Recently, Batabyal (2005) has analyzed a game model of dowry determination in which a mediator plays a key role. Batabyal's analysis shows that the equilibrium dowry offers from the bride and the groom optimally trade off the desire to make an assertive offer with the likelihood that this offer...

We exploit the public good attributes of Ganges water pollution cleanup and theoretically analyze an aggregate economy of two cities---Kanpur and Varanasi---through which the Ganges flows. Our specific objective is to study whether water pollution cleanup in these two cities ought to be provided...

In this exploratory paper, we first make a case for considering the scarcity value of ecosystem services in analyses of jointly determined ecological-economic systems. Next, we point out that insight into the scarcity value of an ecosystem service can be gained generally by examining the manner...

For rangelands managed with spatial and temporal controls, [a] the long run expected net cost of management operations, [b] the long run rate at which grazing is moved from one paddock to another, and [c] the long run rate at which grazing has to be moved from one paddock to another because of...

We study a regional economy with a large number of entrepreneurs who own firms and who want to go public. Specifically, our analysis focuses on the contractual interaction between a representative risk averse entrepreneur who owns a firm and a risk neutral monopolistic investment bank that...

It is now common for parents and relatives of an individual seeking to have an arranged marriage to set up one or more meetings between this individual and prospective spouses. As a result of these meetings, prospective spouses get exposed to this marrying individual. Even though this exposure...

In spite of a manager's best attempts, a managed rangeland may hit an irreversible state in which it provides neither consumptive nor non-consumptive services to humans. Therefore, given a particular time based management regime, it is useful to know how long it takes for a rangeland to hit the...