Recently, Batabyal and Yoo (2004) have used a queuing model with two types of citizens (high and low opportunity cost of time) to compute mean wait times in queue for the so called non-preemptive corruption regime. The purpose of this note is to extend the Batabyal and Yoo (2004) analysis....

This note addresses the following hitherto unstudied question in rangeland management: What is the steady state distribution of livestock animals for rangelands that are managed using short duration grazing? This paper uses the theory of alternating renewal processes to answer this question and...

We analyze the nature of research and development (R&D) that leads to Schumpeterian economic growth in a region that is creative in the sense of Richard Florida. The engine of economic growth in our creative region is process innovations that lead to quality improvements in the machines that are...

We focus on a region that is creative in the sense of Richard Florida. The creative class is broadly composed of existing and candidate entrepreneurs. The general question we analyze concerns the effects of Schumpeterian competition between existing and candidate entrepreneurs on economic growth...

How does the phenomenon of preference matching by tourists affect their choice between two possible destinations? We study this question. It costs less (more) to vacation in destination A (B). Tourists choose to either vacation in A or B. They differ in their incomes. These incomes are uniformly...

The literature on leading and lagging regions has paid scant attention to how heterogeneity between the two regions impacts the provision of a public good. Given this lacuna, our contribution is to construct a game-theoretic model of an aggregate economy consisting of a leading and a lagging...

The formal study of orchard management in which an orchard is viewed as a jointly determined ecological-economic system is still in its infancy. Therefore, in this paper, we propose a new way of looking at the problem of orchard management that has three distinct advantages to it. First, we...

We study innovation policy in a region in which the members of the creative class engage in Schumpeterian competition and thereby extend aspects of the recent analysis in Batabyal and Yoo (2017). Using the language of these researchers, the creative class is broadly composed of existing and...

The creative capital possessed by the members of the creative class in region j is either acquired through education or present innately in these members. Therefore, the creative infrastructure (CI_j) in the jth region is the sum of a part (CI_j^E) representing creative capital obtained through...

The creative capital possessed by the members of the creative class in region j is either acquired through education or present innately in these members. Therefore, the creative infrastructure (CI_j) in the jth region is the sum of a part (CI_j^E) representing creative capital obtained through...