In this paper we study lower and upper approximations of choice functions and propose a necessary and sufficient condition for a choice function to have a path independent lower approximation. In an appendix to this paper we provide a simple proof of Theorem 2.10 in Deb (1983) in the case when...

In this note we show that the worst case solutions of the weak linear programming relaxation, the DRDP heuristic and the ADD heauristic for the Capacitated Plant Problem are not good.

Interstate comparison of fiscal performance requires use of appropriate concepts and proper measurement of state income, fiscal deficit and debt. GSDP at market prices and a comprehensive concept of debt consistent with the fiscal deficit of a state government are the right concepts to use for...

Ever since Gaver (1963) made an attempt to analyse a two unit parallel redundant system, several attempts have been made by many applied probabilists, engineers to analyse two-unit parallel redundant systems. While various authors have analysed systems with different assumptions on the failure...

The significance of core competencies is now well recognized. Its role in enabling firms to respond to customers’ rapidly changing needs and combat competition is well documented. However, the applicability of this concept in regulated and protected economies is an area that needs the...

This is an exploratory study of some administrative aspects of Baroda’s pilot project on urban decentralization. The aspects examined are: Structure, functions and working in regard to personnel, supplies and equipment, paperwork and procedures, publicity and public relations and central...

The paper aims to analyse (a) the actual coverage of developmental programmes (b) the actual beneficiaries and (c) its impact on the overall rural development. Seven special rural development programmes sponsored by the Government of India in seventies have been selected for the analysis. These...

The Union Budget for 1997-98 has been widely acclaimed as a historic budget. In view of the serious differences among different members of the coalition government on major economic issues ranging from the size of fiscal deficit to the level of administered prices & subsidies, the situation...

This paper examines the growth and utilisation of industrial capacity in India, the factors responsible for inter-industry variations in capacity utilisation and the policy implications of the findings of the study. The period covered is 1960-71. The major findings are summarised below: 1)...

In recent years, there has been increasing criticism of financial statements prepared under the long-established cost conventions. The accounting profession all over the world has been debating various approaches to accounting for inflation. In this paper, we have attempted to restate the...