The present study examines the impact of foreign direct investment (FDI) in a three sectors model economy consisting of an organised sector, semiorganised sector and unorganised sector. If we consider that capital is immobile within sectors then an increase in FDI in organised sector will...

We develop a model where products liability trials provide information to consumers who are not parties to the litigation. Consumers use this information to take precautions against dangerous products. A critical assumption is that consumers cannot differentiate between firms that have never...

Early life conditions can have profound effects on individual health, longevity, and biological fitness. Two classes of hypotheses are used to explain the evolutionary origins of these effects: developmental constraints (DC) hypotheses, which focus on the deleterious effects of low-quality...