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What is the best way to auction an asset? How should a group of people organize themselves to ensure the best provision of public goods? How should exchanges be organized? In An Introduction to the Theory of Mechanism Design, Tilman Börgers addresses these questions and more through an exploration of the economic theory of mechanism design. Mechanism design is reverse game theory. Whereas game theory takes the rules of the game as a given and makes predictions about the behavior of strategic players, the theory of mechanism design goes a step further and selects the optimal rules of the game. A relatively new economic theory, mechanism design studies the instrument itself as well as the res...
An innovative history exploring independent India's experiment fusing Soviet-inspired economic management with Western-style liberal democracy.
What are rising powers? Do they challenge the international order? Why do some countries but not others become rising powers? In Why Nations Rise, Manjari Chaterjee Miller answers these questions and shows that some countries rise not just because they develop the military and economic power to do so but because they develop particular narratives about how to become a great power in the style of the great power du jour. These active rising powers accept the prevalent norms of the international order in order to become great powers. On the other hand, countries which have military and economic power but not these narratives do not rise enough to become great powers--they stay reticent powers. An examination of the narratives in historical (the United States, the Netherlands, Meiji Japan) and contemporary (Cold War Japan, post-Cold War China and India) cases, Why Nations Rise shows patterns of active and reticent rising powers and presents lessons for how to understand the rising powers of China and India today.
"When P.V. Narasimha Rao became the unlikely prime minister of India in 1991, he inherited a nation adrift. Despite lacking the support of his people, party or parliament, India's Deng Xiaoping reinvented his country. Relying on Rao's private papers and over a hundred interviews, this biography is a must-read for anyone interested in the transformation of India"--
How debates over secrecy and transparency in politics during the eighteenth century shaped modern democracy "Thought-provoking. . . . As Carter's history shows with wonderful nuance, democratic governance is about a process of ongoing negotiation, not merely being in the know."--Bronwen Everill, Foreign Policy Does democracy die in darkness, as the saying suggests? This book reveals that modern democracy was born in secrecy, despite the widespread conviction that transparency was its very essence. In the years preceding the American and French revolutions, state secrecy came to be seen as despotic--an instrument of monarchy. But as revolutionaries sought to fashion representative government,...
This two volume set (CCIS 1628 and 1629) constitutes the refereed proceedings of the 8th International Conference of Pioneering Computer Scientists, Engineers and Educators, ICPCSEE 2022 held in Chengdu, China, in August, 2022. The 65 full papers and 26 short papers presented in these two volumes were carefully reviewed and selected from 261 submissions. The papers are organized in topical sections on: Big Data Mining and Knowledge Management; Machine Learning for Data Science; Multimedia Data Management and Analysis.
An accessible and comprehensive overview of the economic theory and the realities of networks written by a pioneering economics researcher. Networks are everywhere: the infrastructure that brings water into our homes, the social networks made up of our friends and families, the supply chains connecting cities, people, and goods. These interconnections contain economic trade-offs: for example, should an airline operate direct flights between cities or route all its flights through a hub? Viewing networks through an economics lens, this textbook considers the costs and benefits that govern their formation and functioning. Networks are central to an understanding of the production, consumption,...
The book traces the social and political origins of economic policy in India during its high growth phase after 1991.
It has long been contended that the Indian Constitution of 1950, a document in English created by elite consensus, has had little influence on India’s greater population. Drawing upon the previously unexplored records of the Supreme Court of India, A People’s Constitution upends this narrative and shows how the Constitution actually transformed the daily lives of citizens in profound and lasting ways. This remarkable legal process was led by individuals on the margins of society, and Rohit De looks at how drinkers, smugglers, petty vendors, butchers, and prostitutes—all despised minorities—shaped the constitutional culture. The Constitution came alive in the popular imagination so mu...
The future of work will largely be shaped by demographics and technology. Essentially, how we work determines who gets to work. The more flexibility that exists, both in timing and workspaces, the more people can join the workforce. In this regard, policymakers, employers and industry bodies need to come together and create a new ecosystem to foster tech-enabled work models across the country. This book not only addresses the challenges of building an inclusive human capital framework for India but also highlights some unconventional ideas around work and models of employment which can create this much-needed inclusion. It is imperative that we adapt and shape the future of work possibilities around flexibility. By doing so, we can considerably address India’s jobs and employment challenges.