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We argue for a shift in the focus of modeling production from the traditional assumptions of profit maximization and … the analysis of production and recover value-maximizing technologies. We show how this shift can be implemented using the … between the risk-incentives literature in banking that ignores the microeconomics of production and the production literature …
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Swarnajayanti Gram Swarozgar Yojana (SGSY) is a government-sponsored microfinance program. The scheme is based on four features: group lending with joint liability, progressive lending, back-ended subsidy, and social capital. We propose a new model of SGSY having these features: group lending...
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spatial model of the world sugar market is built and used to simulate a multilateral liberalization scenario. Additionally, an … identical model is constructed, applying the Armington approach. The results of the spatial model of the sugar market are found …
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