K Basu… - American Economic Review, 1998 - JSTOR
If child labor as a mass phenomenon occurs not because of parental selfishness but
because of the parents' concern for the household's survival, the popular argument for
banning child labor loses much of its force. However, this assumption about parental ...
K Basu - Journal of Economic literature, 1999 - JSTOR
According TO THE Bureau of Statis-tics of the International Labor Organization, in 1995 at
least 120 million of the world's children between the ages of five and fourteen years did full-
time, paid work (ILO 1996; Kebebew Ashagrie 1998). Many of them worked under ...
K Basu - 2003 - books.google.com
Virtually all industrialized nations have annual per capita incomes greater than $15,000;
meanwhile, over three billion people, more than half the worlds population, live in countries
with per capita incomes of less than $700. Development economics studies the ...
K Basu - 1984 - getcited.org
An academic directory and search engine.
K Basu - The Economic Journal, 2006 - Wiley Online Library
The evidence that the same income can lead to different household decisions, depending
on who the earner is, has led to an effort to replace the standard household model with the
'collective model', which recognises that a household's decisions depend on the power ...
K Basu… - The Economic Journal, 1998 - Wiley Online Library
This paper presents a new approach to evaluating the aggregate literacy level in a country
or region. The resulting 'effective literacy'measure takes into account the intrahousehold
externality arising from the presence of a literate member. A simple and natural axiomatic ...
K Basu… - Economics Letters, 1991 - Elsevier
Abstract A set of strategy profiles is here said to be closed under rational behavior (curb) if it
contains all its best replies. Each curb set contains the support of at least one Nash
equilibrium in mixed strategies, but there are perfect Nash equilibria that are not contained ...
K Basu - 2000 - books.google.com
This volume aims to understand why some economies succeed and some fail, and why
some communities prosper while others stagnate, so economics must be seen as
embedded in politics and society. It is a study of this embeddedness.
K Basu… - The World Bank Economic Review, 2003 - World Bank
Abstract The problem of child labor has moved from a matter of regional and national
concern to one of international debate and possible global persuasion and policy
intervention. In crafting policy for mitigating this enormous problem of our times, it is ...
K Basu, S Bhattacharya… - Journal of Public Economics, 1992 - Elsevier
Abstract Existing models of corruption that allow for bribery have ignored an important
recursive problem. When an auditor or a policeman bargains over a bribe with a person he
has arrested, he has to take into account the fact that he may, in turn, be caught for taking ...
K Basu - The American Economic Review, 1994 - JSTOR
This paper presents a parable which highlights the conflict between intuition and game-
theoretic reasoning. One of the basic ingredients of analysis in game theory is" backward
induction"; but backward induction is also the source of some deep paradoxes (see eg, ...
K Basu - Oxford Economic Papers, 1983 - JSTOR
AN INTERLINKED deal is one in which two or more interdependent exchanges are
simultaneously agreed upon. Not only do rural markets abound with examples of such
deals, but it is increasingly being appreciated by economists, aided by the findings of ...
K Basu - Oxford Economic Papers, 1986 - JSTOR
THIS paper is about influence and power-concepts which are treated as peripheral in
conventional economic theory but which, we know, are important in reality. This is a vast
subject and it has received an enormous amount of attention from sociologists and ...
K Basu, E Jones… - Explorations in Economic History, 1987 - Elsevier
Abstract Customs and institutions affect and are affected by economic relations and
processes. The two-way interaction is particularly important in studying history where the
scale of the temporal canvas ensures that very few variables can be treated as parametric. ...
AM Basu… - Health Transition Review, 1991 - JSTOR
This article provides evidence that women's employment, in spite of its other benefits,
probably has one crucial adverse consequence: a higher level of child mortality than is
found among women who do not work. We examine various intermediate mechanisms for ...
K Basu - Journal of Economic Theory, 1984 - Elsevier
Abstract Rationality has traditionally been defined as choice behaviour which can be
explained in terms of some implicit binary preference. The point of departure of this paper
lies in permitting the binary preference relation to be “fuzzy.” Concepts from fuzzy set ...
K Basu - The Economic Journal, 2000 - Wiley Online Library
Because most parents send their children to work when compelled by poverty, one would
expect a rise in adult wage to lower child labour. However, if the rise in wage is achieved by
a minimum wage law, its impact can be intriguing. It can, for instance, cause some adults ...
K Basu… - Econometrica, 2003 - Wiley Online Library
It has been known that, in aggregating infinite utility streams, there does not exist any social
welfare function, which satisfies the axioms of Pareto, intergenerational equity, and
continuity. We show that the impossibility result persists even without imposing the ...
K Basu - Economics Letters, 1995 - Elsevier
This paper shows that in a model of managerial delegation in a duopoly, if an owner's
decision to hire a manager is modeled explicitly, then the subgame perfect equilibrium may
coincide with the Stackelberg solution. Interestingly, this can happen even when the cost ...
K Basu - Journal of Development Economics, 1992 - Elsevier
Abstract The paper considers the problem confronting an absentee landlord who can lease
out his land on a fixed-rent contract, share-rent contract or a mixture of the two. It is argued
that in poor areas it is natural to have each contract underwritten by an implicit, limited- ...
K Basu - 1993 - getcited.org
An academic directory and search engine.
K Basu, A Narayan… - Labour Economics, 2001 - Elsevier
A member of a collective-action households may or may not share the benefits of literacy
with others in that household; the shared gains from doing so may well be offset by a shift in
the balance of power within the family. Using household survey data for Bangladesh, we ...
K Basu - Challenge, 1999 - JSTOR
International aimed at helping poor nations achieve certain minimal living standards. What is
remarkable about these measures is that the most consistent opposition to them has come
from the alleged beneficiaries. The fear of the poor nations is that labor standards are a ...
K Basu - Oxford Economic Papers, 1989 - JSTOR
THERE are many people who would be glad to pay (on the quiet) large sums of money in
order to be knighted. There are persons who would happily give up by the Nobel Prize
money and even pay some in order to get the Nobel Prize. However, if the ones ...
K Basu - World Development, 2006 - Elsevier
The paper studies the relation between globalization, inequality, and marginalization, within
and across countries. It reviews the existing evidence on globalization and global inequality
and argues, using a simple theoretical model, that the two are inter-connected. It ...
K Basu - 1980 - books.google.com
Governments, like individuals, allegedly reveal their preferences by their choices. Starting from
a simple model, which is a formalisation of some standard methods for deducing a government's
preferences from its behaviour, this book proceeds with the twin aims of exposing the ...
K Basu… - Journal of Economic Theory, 2007 - Elsevier
A definition of a utilitarian social welfare relation (SWR) for infinite utility streams is
proposed. Such a relation is characterized in terms of the Pareto, Anonymity and Partial Unit
Comparability Axioms. The merits of the utilitarian SWR, relative to the more restrictive ...
K Basu - Economics Letters, 1997 - Elsevier
The widespread phenomenon of goods being priced at D dollars and 99 cents is explained
without abandoning the assumption of full rationality; and it is shown that as a consequence
of such pricing it is the producers who are generally worse off.
K Basu - Cambridge Journal of Economics, 1984 - CPES
The unusually high interest rates in many backward agricultural regions have been a source
of some puzzlement to economists. Adding to this puzzle is the fact that these rates can take
on a wide range of values, often within the same region. One important question is why ...
K Basu… - 1991 - princeton.edu
My interest in this subject developed over several years. Discussions with Tariq Banuri,
Peter Bauer, Sudipto Bhattacharya, Jim Boyce, Gerald Epstein, Carol Heim, Allen Kelley,
Anne Krueger, Badal Muherji, Siddiq Osmani, Robert Pringle, Debraj Ray, Jaime Ros, and ...
K Basu… - Oxford Review of Economic Policy, 2007 - Oxford Univ Press
Abstract This paper presents the broad macro parameters of the growth of the Indian
economy since the nation's independence and a cross-country evaluation of where India
stands, drawing out the patterns discernible in these aggregative statistics. The paper ...
KC Basu - The Quarterly Journal of Economics, 1980 - JSTOR
Page 1. OPTIMAL POLICIES IN DUAL ECONOMIES* KAUSHIK C. BASU I. INTRODUCTION
A dual economy is typically characterized as one that has an urban industrialized sector
with institutionally fixed wages and a rural sector [Lewis, 1954]. ...
K Basu… - The Economic Journal, 2000 - Wiley Online Library
We consider a rent control regime where rent increases on, and eviction of, a sitting tenant
are forbidden. When apartments become vacant landlords may negotiate new rents. If
inflation exists, landlords prefer to rent to short-staying tenants. Since departure-date- ...
K Basu - International Journal of Industrial Organization, 1987 - Elsevier
This paper provides an explanation of price and wage rigidities in certain industrial
structures. It considers products for which quality is important or the possession of which
enhances a person's 'status'. It is argued that an individual's desire for such a good or ...
K Basu - Economica, 1984 - JSTOR
If we grant individuals rights over certain spheres of decision-making, it seems natural that
we ought also to grant them the right to give up these rights. It has been argued that, if this
principle is respected in social decision-making, then many of the fundamental paradoxes ...
K Basu - Social Choice and Welfare, 1987 - Springer
Sen's book raises a variety of new and important issues concerning human wellbeing and its
measurement. However it also leaves plenty of open questions and uncovered ground. Its
argument for shifting our attention from commodities to functionings is powerful and I hope ...
K Basu - Economic and Political Weekly, 1993 - JSTOR
India's economic reform is at a critical juncture and needs to be understood. The aim of this
paper is to review the reforms undertaken since 1991 and to argue that the time has come to
strike at some of the political and institutional roots of our economic malaise. The essay ...
[CITATION] Functionings and capabilities
K Basu… - 2002 - Centro de Estudios Económicos, El …
K Basu… - Journal of Development Economics, 1991 - Elsevier
Abstract The central aim of this paper is to provide a formal description of the idea of 'market
fragmentation', which is so widely used to describe markets in backward agriculture. We
begin by describing a 'fragmented duopoly'in which each seller has a captive set of ...
K Basu - Frontiers of development economics: The future in …, 2001 - books.google.com
THE DEVELOPMENT DEBATE appears to be, at last, coasting toward a consensus:
developing nations must not focus their energies on the growth rates of their GDP, NNP,
GNP, and the like but should instead try to achieve" human development" or" ...
K Basu - Economic and Political Weekly, 1981 - JSTOR
The Food for Work Programme (FWP) in India provided 2,864 lakh mandays of jobs in 1978-
79. This is equivalent to providing a year's employment to almost one million people. The
enormity of the programme requires theoretical as well as empirical research. So far, most ...
K Basu - Journal of Development Economics, 1995 - Elsevier
The paper examines the relation between civil norms and evolution. The survival of norms in
the long run may depend on the evolutionary process and natural selection. The sieve of
natural selection may ensure that norms which persist must have minimal efficiency ...
R Ray… - World Bank Policy Research Working Paper No. …, 2001 - papers.ssrn.com
Abstract: Basu and Ray use the collective model of the household and show, theoretically,
that as the woman's power rises, child labor will initially fall, but beyond a point it will tend to
rise again. A household with a balanced power structure between the husband and the ...
K Basu - 1990 - books.google.com
The theory of agrarian structure and relations is a product of both the ancient and the novel
in economics. Born out of many great traditions in anthropology and political economy,
going back to the eighteenth century, this subject is increasingly a part of mainstream ...
K Basu - Mathematical Social Sciences, 1988 - Elsevier
Abstract Most standard solution concepts of extensive games are history-insensitive in the
sense that no matter at which information set one is, it is assumed that each player believes
that everybody else is rational. In reality, each history of moves reveals certain traits of the ...
K Basu - The Journal of Economic Perspectives, 2003 - JSTOR
Some years ago, a marshland (subsequently named Salt Lake) adjoining the city of Calcutta
was developed by the local government and sold as small plots, at a subsidized price, to
people who were not rich and who might not otherwise have been able to afford their own ...
K Basu - Journal of Development Economics, 1986 - Elsevier
Abstract An 'interim sale'is a sale undertaken with the intention of buying back the same
good in the near future. Interim transactions play a prominent role in several markets and
they tend to generate multiple equilibria. Such markets can get caught at a low-turnover ...
K Basu - Economics Letters, 2002 - Elsevier
It has been conjectured that the child-labor market may exhibit multiple equilibria. This paper
develops the concept of a 'wage bill curve', and establishes the multiple-equilibrium result in
a general-equilibrium model, thereby clarifying the circumstances where child labor ...
K Basu - Journal of Economic Literature, 2003 - ingentaconnect.com
Abstract: There are many" outsiders" who have written critiques of the global financial
system. Insiders typically do not; they have too much to lose. What makes Stiglitz's book,
Globalization and Its Discontents, unusual is that it is an insider's critique. This book ...
K Basu… - International Economic Review, 1990 - JSTOR
This paper examines entry-deterrence in a duopoly where the post-entry game is
Stackelberg. It is argued that in reality firms can use a broader range of precommitments
than is allowed for in the literature. This paper permits such precommitments and analyses ...
K Basu, S Das… - Journal of Development Economics, 2009 - papers.ssrn.com
Abstract: Some studies on child labor have shown that greater land wealth leads to higher
child labor, thereby casting doubt on the hypothesis that child labor is caused by poverty.
This paper argues that the missing ingredient is an explicit modeling of the labor market. ...
K Basu - Journal of Economic Inequality, 2005 - Springer
Abstract This paper demonstrates how our sense of identity can emerge out of mere markers
of social distinction that may have no innate significance, but, nevertheless, spread to
various aspects of our lives and be the root of conflict. The basis of such conflicts could ...
K Basu - 2004 - books.google.com
India's economy over the last decade looks in many ways like a success story; after a major
economic crisis in 1991, followed by bold reform measures, the economy has experienced a
rapid economic growth rate, more foreign investment, and a boom in the information ...
A Banerjee, P Bardhan, K Basu… - Economic and Political …, 2002 - JSTOR
During the last two decades West Bengal has led the rest of the country with regard to
agricultural performance and implementation of panchayat institutions. But these
developments have begun to level out. At the same time the state has fallen behind in ...
K Basu - Mathematical Social Sciences, 1987 - Elsevier
Abstract It has been argued that the concept of inequality is inherently imprecise. A difficulty
with standard inequality measures is that they generally make no allowances for this, and
when they do, it is by dropping the 'completeness' axiom in ranking social states (eg the ...
K Basu, JE Foster… - Economic and Political Weekly, 2000 - JSTOR
Traditionally, a society's literacy has been measured by the'literacy rate'or the per cent of the
adult population that is literate. The present paper maintains that the distribution of literates
across households also matters, due to the external effects of literacy-the benefits that ...
K Basu - Journal of Public Economics, 1987 - Elsevier
Abstract Interlinkage between labour and credit markets is interpreted as a consequence of
a monopolistic moneylender's attempt to extract consumer's surplus from the borrower by
levying a two-part tariff. This analogy enables us to draw on the literature on non-linear ...
K Basu, PK Pattanaik… - 1995 - econpapers.repec.org
Professor Amartya Sen has been a distinguished and influential scholar in development
economics for over twenty years, and this edited volume seeks to reflect his interests, and
the inspiration he has provided for others. The editors have succeeded in creating a ...
K Basu, S Subrahmanyam… - 1996 - indianmedicine.eldoc.ub.rug.nl
ABIM started as the bibliography of Jan Meulenbeld's A History of Indian Medical Literature, and
was first published on the internet as a set of HTML files in 2002. In the course of 2007 a new
website for ABIM and EJIM, the Electronic Journal of Indian Medicine, was created by Roelf ...
K Basu - The American Economic Review, 1989 - JSTOR
This note explores the relation between the structure of property rights and
outputaugmenting activity, like investment and the adoption of new technology.'The principal
weakness of most existing arguments is that they are one-sided. Consider Gale Johnson's ...
K Basu - The Economic Theory of Agrarian Institutions, 1991 - ingentaconnect.com
Abstract: In this chapter, the author models alternative structures in the informal credit market
as devices for extracting surplus from the borrowers, and show how extremely exploitative
moneylenders may have some superficial resemblance to markets with perfectly ...
K Basu - Journal of mathematical Economics, 1983 - Elsevier
Abstract This paper examines some problems of utility measurement and interpersonal
comparisons. The following theorem is first established for real-valued mappings on a set of
real numbers, B: If the closure of B is an interval, then such a mapping is positive affine iff it ...
K Basu… - The American Economic Review, 1999 - JSTOR
Kenneth A. Swinnerton and Carol Ann Rogers (1999) have drawn attention to the policy of
redistribution as an instrument of eliminating child labor in an economy. They point out that
in our model (Basu and Van, 1998), whenever there exists an equilibrium in which no ...
K Basu - Cornell Int'l LJ, 2001 - HeinOnline
The International Labor Standards (ILS) movement is meant to be an initiative to promote
better working conditions and higher living standards for workers in the Third World. It
therefore seems baffling that the most vociferous opposition to ILS comes from the Third ...
T Mitra… - Intergenerational Equity and Sustainability …, 2007 - economics.cornell.edu
Abstract In this paper, we examine the restrictions that any concept of extended anonymity
must satisfy in order to be compatible with the existence of a Paretian social welfare relation
(SWR). We completely characterize the class of permissible permutations associated with ...
K Basu - Economic and Political Weekly, 2005 - JSTOR
Introduction rT he methodology of scientific research is largely a matter of intuition and
knack. As a consequence it is hard to think of formal criteria for evaluating methodology. This
must be one reason why the philosophy of science has made so little progress compared ...
K Basu - Journal of Economics & Management Strategy, 2006 - Wiley Online Library
The paper fully characterizes the Bertrand equilibria of oligopolistic markets where
consumers may ignore the last (ie, the right-most) digits of prices. Consumers, in this model,
do not do this reflexively or out of irrationality, but only when they expect the time cost of ...
[CITATION] International labor standards: history, theory, and policy options
K Basu - 2003 - Wiley-Blackwell
K Basu - Economics & Politics, 1997 - Wiley Online Library
In the traditional economics literature government is treated as an agent exogenous to the
economy. When economists confront situations where individuals cannot sign binding
contracts, they invoke government as the “third party” that can enforce the contracts; after ...
K Basu, G Genicot… - Policy Research Working Paper …, 1999 - ideas.repec.org
The supply behavior of labor often depends on the demand conditions prevailing in the
labor market. If demand is inadequate, households may send additional household
members, who otherwise would not have worked, to look for work, for fear the main ...
K Basu - The New Palgrave Dictionary of Economics and the …, 1998 - papers.ssrn.com
After one eats in a restaurant, that one has to leave a tip is a social norm, and that one has to
pay for the food is law. As is evident from this both norms and the law influence our
behaviour. The goods that we buy, the food that we consume, the services that we render ...
K Basu - World Development, 1996 - Elsevier
A standard way to give relief to the needy is to organize employment or public works
programs. It is often argued that in many situations paying workers in cash, instead of food,
may be the superior option. The aim of this paper is to caution that some plausible ...
K Basu - Journal of Economic Literature, 2008 - ingentaconnect.com
Abstract: India's high growth over the last fifteen years has inspired several recent books and
papers to examine the growth's source and sustainability—the two-volume study by Arvind
Virmani being a case in point. This paper evaluates these recent works. It is argued that ...
K Basu, G Fields, S Debgupta - … prepared for World …, 1996 - siteresources.worldbank.org
Unlike in most East-Asian countries, India has over the years enacted and implemented a
variety of legislation meant to protect the well-being of the worker. Thus there are laws
protecting trade union rights, laws that abolish bonded labor and child labor from ...
K Basu - Schools of Thought: TwentyFive Years of Interpretive …, 2001 - time.dufe.edu.cn
The three-hour stretch of road between Hazaribagh and Dhanbad in eastern India is as
desolate as it is beautiful. One winter evening, some half a dozen years ago, as I was
travelling this route by taxi to catch a train from Dhanbad to get to Calcutta, I was lucky--or, ...
K Basu… - Economica, 2003 - Wiley Online Library
This paper presents a model of 'tenancy rent control'where rent increases on, and evictions
of, sitting tenants are prohibited but nominal rents for new tenants are unrestricted. If there is
any inflation, landlords prefer to take short-staying tenants. If there is no way for landlords ...
K Basu - 1991 - agris.fao.org
Go to AGRIS search. The elimination of endemic poverty in South Asia. Basu, K. (Delhi
School of Economics, Delhi (India)). Publisher, Clarendon Press, Oxford University
Press, Oxford (United Kingdom). Date of publication, 1991. ...
K Basu, A Narayan, M Ravallion… - 1999 - elibrary.worldbank.org
This paper asks whether an illiterate worker's labor earnings are affected by the educational
attainment of other members of that worker's household. The large literature on literacy says
very little about intra-household externalities of literacy and education. Yet one might well ...
K Basu - India's Emerging Economy: performance and prospects …, 2004 - books.google.com
With the exception, perhaps, of the years immediately following India's independence, never
before has there been as much optimism about the Indian economy as in the last decade.
But India is notorious for blowing its chances, not only in cricket, but also vis-a-vis the ...
AM Basu, K Basu… - Economic and political weekly, 1987 - JSTOR
The present paper studies the role of economic variables and culture in determining a
migrant's decision to (a) return to his place of origin, and (b) remit money. It is based on a
sample of nearly two thousand migrant households from Punjab, Uttar Pradesh and Tamil ...
K Basu - The Review of Economic Studies, 1982 - restud.oxfordjournals.org
Abstract It has been alleged that, contrary to the assumptions in Pareto's Manual, the ability
to compare first-differences of utility implies cardinality. It is shown here that the validity of
this theorem hinges critically on the framework of analysis. In the framework of the thirties ...
K Basu - Economics Letters, 2005 - Elsevier
The paper demonstrates that the standard policy for controlling child labor by imposing a
fine on firms caught employing children can cause child labor to rise. This
'pathological'reaction is, however, reversed as the size of the fine increases.
TCA Anant, B Mukherji… - Economics Letters, 1990 - Elsevier
Abstract It is shown that Kalai and Smorodinsky's result—that their solution is the only one
satisfying certain reasonable axioms—is true even if we generalize the domain of
bargaining games to allow for non-convex utility feasibility sets. The paper defines a ...
K Basu - Economics Letters, 1987 - Elsevier
Abstract A supergame is modeled in which two agents play a game repeatedly and while the
finiteness of the repetitions is common knowledge, the number of repetitions is not. Such
games can yield non-standard results. This is illustrated with the Prisoner's Dilemma ...
K Basu - Social Choice and Welfare, 2007 - Springer
Abstract It is a widely accepted principle of economics that if two or more adults voluntarily
agree to a contract or an exchange that has no negative fall-out on others, then the
government should not stop such a contract. This is often called the 'principle of free ...
K Basu - Economic and Political Weekly, 2001 - JSTOR
The roots of India's prolonged economic stagnation and the glimmer of hope that one
notices on the horizon today cannot be fully understood if one ignores the variables that
conventional analysis has taught us to ignore-the social norms, culture, beliefs, and the ...
[CITATION] Child Labor: Cause
K Basu - Consequence and Cure, with Remarks on International, 1998
K Basu - Economic and Political Weekly, 1986 - JSTOR
The fundamental theorem of welfare economics, which states that, given some conditions,
individual selfishness can lead to social optimality, is one of the most misused theorems in
economics. Many policies are justified by citing this theorem, or rather folklore versions of ...
[CITATION] Globalization and Marginalization: A re-examination of Development Policy
K Basu - Bureau for Research in Economic Analysis of …, 2003
K Basu - The Indian Economy: Problems and Prospects, New …, 1992 - indiapolicy.org
In June 1991, with the foreign exchange balance down to US $ one billion, India came
closer to reneging on her international debt repayments than ever before since
independence. This triggered off large policy changes. In the initial months after the crisis, ...
K Basu, C Bell… - Journal of Economic Behavior & Organization, 2000 - Elsevier
The literature on interlinkage is inconclusive regarding the strict superiority of this
arrangement. We analyze a landlord and a moneylender as two players making non-
cooperative decisions regarding the terms of their respective contracts with a tenant. In the ...
K Basu - FinanzArchiv/Public Finance Analysis, 1976 - JSTOR
Informally speaking, merit goodsare goods which people should be coaxed to consume
more than their market behaviour leads them to. That some goods should be treated as merit
goodsmost of us agree, but fail to express why we do so, with any rigour. This has given ...
K Basu, MG Quibria - 1995 - cabdirect.org
Abstract The paper is concerned with the modern theory of agrarian economic relations. Its
aim is to survey the field, especially relating to rural credit and interlinkage. Among the
themes that run through the literature on agrarian relations, the credit market is considered ...
[CITATION] Information and Strategy in Iterated Prisoner's Dilemma
K Basu - Theory and decision, 1977
K Basu - Econometrica: Journal of the Econometric Society, 1985 - JSTOR
IN SEN'S [8] derivation of a poverty measure the crucial axiom is the" normalization axiom."
This axiom, by requiring the poverty measure to be of a certain form in a very special case,
manages to precipitate a unique measure for all cases. It is quite an ingenious axiom and ...
K Basu - SCIENTIFIC AMERICAN-AMERICAN EDITION-, 2003 - en.scientificcommons.org
Abstract If child labor as a mass phenomenon occurs not because of parental selfishness
but because of the parents' concern for the household's survival, the popular argument for
banning child labor loses much of its force. However, this assumption about parental ...
AV Banerjee, P Bardhan, K Basu… - Economic and Political …, 2007 - JSTOR
If we are to learn the right lessons from the tragedy of Nandigram, then we must ensure that
the government is involved in the land acquisition process and that we correctly deal with
three sets of issues: the size and form of compensation, the eligibility for compensation ...
K Basu - Journal of Institutional and Theoretical Economics ( …, 1996 - JSTOR
During the advance of economic ideas in this century, every now and then homage has
been paid to evolution as a determinant of economic outcomes. But, nevertheless,
evolutionary themes have never been a part of the mainstream. Economists have viewed ...
K Basu - Economic and Political Weekly, 1983 - arts.cornell.edu
This almost facetious question throws light on two conflicting claims about the order that
prevails in society. The paradoxical claim (P) asserts that the pursuit of selfish aims by
individuals is sufficient to generate social order. The unparadoxical claim (U) asserts that ...
K Basu, G Genicot… - Unpublished work in …, 1998 - www-wds.worldbank.org
Abstract The supply behavior of labor frequently depends on the demand conditions that
prevail on the labor market. If demand is inadequate, households may send additional
household members, who otherwise would not have worked, to look for work, for fear that ...
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