This paper investigates whether the industrial relations climate inIndian states has affected the pattern of manufacturing growthin the period 1958-92. We show that states which ammendedthe Industrial Disputes Act in a pro-worker direction experiencedlowered output, employment, investment and...

Modern environmental problems are a consequence of human action. They not only pose thepredicament of who is to be held responsible; but exhibit such a complexity, that our ability totake responsibility for interventions into nature at all, is drawn into doubt. And what preciselydoes it mean, to...

In this paper, we discuss the relationship between responsibility and joint production.Responsibility mirrors our ability to act freely. We can act freely only if we can assumeresponsibility for our actions and their consequences; the limits of our responsibility aretherefore also the limits of...

In diesem Aufsatz untersuchen wir die Beziehung von Verantwortung und Kuppelproduktion.Unsere Verantwortung reflektiert unsere Fähigkeit, frei zu handeln. Wir können nur freihandeln, insofern wir für unsere Handlungen und ihre Folgen Verantwortung übernehmen; dieGrenzen unserer Verantwortung...

We show that if patent protection and trade secrecy generate asymmetricmarket structure, an innovator may prefer patent protection than trade secrecy even ifthe diffusion probability is higher under the former but it increases marketconcentration by preventing some imitators...

In this paper we consider a regulated monopoly that can pad its costs to increaseits cost reimbursement. Even while padding is ineácient the optimal incentivescheme tolerates some padding of costs to reduce the information rents paid tolow cost types. It is shown that high cost ßrms pad costs...