In this paper, it is shown that the concept “economic imperialism” has no real content with epistemological point of view: there is no evidence of using specific economic methodology in areas of other social disciplines. Economics is in a permanent crisis caused by the impossibility to...

The paper deals about the issues arising out of implementing base rate for Indian banks. With effect from July 1st, 2010, all banks are supposed to lend at base rate or minimum level of interest rate to customers. The net impact of this for retail customer will not be much as cost of funds for...

This article presents a dynamic Generalized Nash-Cournot model to describe the evolution of the natural gas markets. The aim of this work is to provide a theoretical framework that would allow us to analyze future infrastructure and policy developments, while trying to answer some of the main...

This paper aims at defining a Strategic Threshold or Flash points for each strategy followed by the society as a whole. The paper attempts at analyzing interactions between two groups and the effect of change in trust on the path traversed. The paper draws analogy to the behavior of...

At first glance, game theory could support with rational, ideologically neutral arguments the logic necessity of acting ethically in business. Apparently, this is what we learn from the Prisoner’s dilemma, the Peasant’s dilemma or Tit for Tat. All these strategic games suggest that the...

A Presidential Address provides one with the opportunity to look backwards and forward. Backwards to understand how we got to where we are now; forwards to suggest paths to further progress. I will focus on the range of research methods that the members of the Society use, how they have evolved...

This article sets the stage for the special issue by indicating the current focus in the literature on applying analytical tools to enlighten policy makers in the practice of counterterrorism in the post-9/1 I era. In particular, the article briefly indicates the main areas of recent work. The...

The theoretical literature on government repression has mostly taken a choice theoretic perspective, wherein either the protest group optimally chooses a protest tactic in response to government behavior or the government optimally chooses a repression strategy. This approach is insufficient for...

This study investigates how an individual’s social value orientation (SVO) interacts with explicit cooperative incentives on one hand, and intrinsic and extraneously induced trust on the other hand, to affect cooperative behavior. In three experiments, subjects (n = 322) played a one-shot...