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Less Accessible Writings

"Crossings at Benaras Junction: A Play in Three or Four Acts," The Little Magazine, forthcoming. (For an Excerpt, click )

"Globalization and Babool Gum: Travels through Rural Gujarat," The Little Magazine, 2005, vol. 5, issue 1.

"The Retreat of Global Democracy," Indicators, 2002.

"On Why We Do Not Try to Walk off without Paying after a Tax-Ride," Economic & Political Weekly, November 1983, Vol. 18, pp. 2011-2012.

A list of my books

Revealed Preference of Government, Cambridge University Press, 1980.

The Less Developed Economy: A Critique of Contemporary Theory, Basil Blackwell, 1984.

Agrarian Structure and Economic Development, Harwood Academic Publishers, 1990. This book is part of the series, Fundamentals of Pure and Applied Economics, edited by J. Lesourne and H. Sonnenschein.

Economic Graffiti: Essays for Everyone, Oxford University Press, 1991.

Lectures in Industrial Organization Theory, Basil Blackwell, 1993.

(editor, with Mukul Majumdar and Tapan Mitra) Capital, Investment and Development, Basil Blackwell, 1993.

(editor, with Pulin Nayak) Development Policy and Economic Theory, Oxford University Press, 1992.

(editor) Some Agrarian Questions, Oxford University Press, 1994.

(editor, with Prasanta Pattanaik and Kotaro Suzumura) Development, Welfare and Ethics, Clarendon Press, 1995.

Of People, Of Places: Sketches from an Economist's Notebook, Oxford University Press, 1994.

(editor, with Sanjay Subrahmanyam) Unravelling the Nation: Sectarian Conflict and India's Secular Identity, Penguin paperback, New Delhi, 1996.

Analytical Development Economics: The Less Developed Economy Revisited, The MIT Press, 1997.

Prelude to Political Economy: A Study of the Social and Political Foundations of Economics, Oxford University Press, 2000.

(editor) Readings in Political Economy, Blackwell Publishing, 2003.

(editor, with Henrik Horn, Lisa Roman and Judith Shapiro) International Labor Standards, Blackwell Publishing, 2003.

India's Emerging Economy: Performance and Prospects in the 1990s and Beyond, The MIT Press, 2004.

Collected Theoretical Papers, Volume 1: Development, Markets and Institutions, Oxford University Press, forthcoming.

Collected Theoretical Papers, Volume 2: Rationality, Games and Strategic Behavior, Oxford University Press, forthcoming.

(editor) Oxford Companion to Economics in India, Oxford University Press, forthcoming.

The Retreat of Democracy and Other Itinerant Essays on Globalization, Economics and India, Permanent Black, 2007.

An Italian translation of this book, Ele Bele: India e le illusioni della democrazia globale, is to be published by Laterza and Figli, Rome, 2008.

(editor, with Ravi Kanbur), Arguments for a Better World, Essays in Honour of Amartya Sen. Volume 1: Ethics, Welfare and Measurment, Oxford University Press, 2008, forthcoming.

(editor, with Ravi Kanbur), Arguments for a Better World, Essays in Honour of Amartya Sen. Volume 2: Development, Society and Institutions, Oxford University Press, 2008, forthcoming.

(editor, with Bryan Maddox and Anna Robinson-Pant), Interdisciplinary Approaches to Literacy and Development, Routledge, London, forthcoming.

A list of my papers

Retrospective Choice and Merit Goods, Finanzarchiv, vol. 34, 1976.

Information and Strategy in the Iterated Prisoner's Dilemma, Theory and Decision, vol. 8, 1977.

Some Implications of Baumol's Theory of Transactions Demand for Money, Indian Economic Journal, vol. 24, 1977.

Optimal Policies in Dual Economies, Quarterly Journal of Economics, vol. 95, 1980.

Causality and Economic Theory, Indian Economic Review, vol. 16, 1981.

Food for Work Programmes, Economic and Political Weekly, vol. 16, 3-10 January, 1981.

(with Prannoy Roy) Share, Size and Subsistence: Revisiting Some Old Controversies on Tenancy, Economic and Political Weekly, vol. 17, July, 1982.

Determinateness of the Utility Function: Revisiting a Controversy of the Thirties, Review of Economic Studies, vol. 49, 1982.

The Emergence of Isolation and Interlinkage in Rural Markets, Oxford Economic Papers, vol. 35, 1983.

Transactions Demand for Money and Portfolio Diversification, Indian Economic Journal, vol. 31, 1983.

On Why We Do Not Try to Walk Off Without Paying After a Taxi Ride, Economic and Political Weekly, vol. 18, November, 1983.

Cardinal Utility, Utilitarianism and a Class of Invariance Axioms in Welfare Analysis, Journal of Mathematical Economics, vol. 12, 1983.

Fuzzy Revealed Preference Theory, Journal of Economic Theory, vol. 32, 1984.

Implicit Interest Rates, Usury and Isolation in Backward Agriculture, Cambridge Journal of Economics, vol. 8, 1984.

The Right to Give Up Rights, Economica, vol. 51, 1984.

Utility Measurement: A Direct Proof of Lange's Conjecture, Economics Letters, vol. 15, 1984.

(with Nirvikar Singh) Commitment and Entry-deterrence in a Model of Duopoly, Economics Letters, vol. 18, 1985.

Poverty Measurement: A Decomposition of the Normalization Axiom, Econometrica, vol. 53, 1985.

The Market for Land: An Analysis of Interim Transactions, Journal of Development Economics, vol. 20, 1986.

One Kind of Power, Oxford Economic Papers, vol. 38, 1986.

(with Eric Jones and Ekkehart Schlicht) The Growth and Decay of Custom: The Role of the New Institutional Economics in Economic History, Explorations in Economic History, vol. 24, 1987.

Markets, Power and Social Norms in a Development Context (CASID Occasional paper No. 9, Michigan State University), Economic and Political Weekly, vol. 21, 1986. A related version entitled 'Limitations of the market: Conjectures, Customs and Norms' appeared in B.L. Agarwal (ed.), Alternative Economic Structures, Allied, New Delhi, 1989.

Axioms for a Fuzzy Measure of Inequality, Mathematical Social Sciences, vol. 14, 1987.

Achievements, Capabilities and the Concept of Preference, Social Choice and Welfare, vol. 4, 1987.

Modelling Finitely Repeated Games with Uncertain Termination, Economics Letters, vol. 23, 1987.

(with Alaka Basu and Ranjan Ray) Migrants and the Native Bond: An Analysis of Micro-level Data from Delhi, Annual Number, Economic and Political Weekly, vol. 22, 1987.

Monopoly, Quality Uncertainty and 'Status Goods', International Journal of Industrial Organization, vol. 5, 1987.

(with Alaka Basu) The Greying of Populations: Concepts and Measurement, Demography India, vol. 16, 1987.

Disneyland Monopoly, Interlinkage and Usurious Interest Rates, Journal of Public Economics, vol. 34, 1987.

Strategic Irrationality in Extensive Games, Mathematical Social Sciences, vol. 15, 1988

Why Monopolists Prefer to Make Their Goods Less Durable, Economica, vol. 55, 1988.

Notes on Nonlinear Pricing and Monopoly with a Comment on Backward Credit Markets, Journal of Quantitative Economics, vol. 4, 1988.

Project Evaluation and the Shadow Wage: Accounting for Regional Disparities and Inequality, Public Finance, 1988.

Economic Theory in Development Economics: Methodology, Agrarian Structure and Rent Control Laws, Economic and Political Weekly, Special Number, 1988.

Technological Stagnation, Tenurial Laws and Adverse Selection, American Economic Review, vol. 79, 1989.

A Theory of Association: Social Status, Prices and Markets, Oxford Economic Papers, vol. 41, 1989.

Rural Credit Markets: The Structure of Interest Rates, Exploitation and Efficiency, in P.K. Bardhan (ed) The Economic Theory of Agrarian Institutions, Basil Blackwell, Oxford and New York, 1989.

Combating Persistent Poverty in South Asia: Policy Options, in Jean Dreze and Amartya Sen (eds.), Hunger and Poverty: Economics and Policy, Oxford University Press, Oxford, 1990.

Duopoly Equilibria When Firms Can Change Their Decision Once, Economics Letters, vol. 32, 1990.

(with Nirvikar Singh) Strategic Entry-Deterrence in Stackelberg Perfect Equilibria, International Economic Review, vol. 31, 1990.

On the Existence of a Rationality Definition for Extensive Games, International Journal of Game Theory, vol. 19, 1990.

(with T.C.A. Anant and Badal Mukherji) Bargaining Without Convexity: Generalizing the Kalai-Smorodinsky Solution, Economics Letters, vol. 33, 1990.

The International Debt Problem, Credit Rationing and Loan Pushing: Theory and Experience, Princeton Essays in International Finance, 1991.

(with Jorgen Weibull) Strategy Subsets Closed Under Rational Behaviour, Economics Letters, 1991.

(with Alaka Basu) Women's Economic Roles and Child Survival: The Case of India, Health Transition Review, vol. 1, 1991.

(with Rajat Deb and Prasanta Pattanaik) Soft Sets: An Ordinal Formulation of Vagueness with Some Applications to the Theory of Choice, Fuzzy Sets and Systems, 1992.

(with Clive Bell) Fragmented Duopoly: Theory and Applications to Backward Agriculture, Journal of Development Economics, 1991.

The Broth and the Cooks: A Theory of Surplus Labor, World Development, 1992.

Some Simple Analytics of Inflation and Unemployment in a Dual Economy, in S. Subramanian (ed.), Themes in Development Economics: Essays in Honour of Malcolm Adiseshiah, Oxford University Press, Oxford, 1993.

(with Sudipto Bhattacharya and Ajit Mishra) Notes on Bribery and the Control of Corruption, Journal of Public Economics, 1992.

A Geometry for Non-Walrasian General Equilibrium Theory, Journal of Macroeconomics, 1992.

Limited Liability and the Existence of Share Tenancy, Journal of Development Economics, 1992.

Markets, Governments and Laws, in Bimal Jalan (ed.), The Indian Economy: Anatomy of a Crisis, Penguin, 1992.

Bad Advice, Economic and Political Weekly, vol. 27, 7 March 1992.

A Characterization of the Class of Rationalizable Equilibria for Oligopoly Games, Economics Letters, vol. 40, 1992.

Collusion in Finitely-Repeated Oligopolies, International Journal of Industrial Organization, 1992.

Efficiency Wage Theory with Monopolistic Landlords, in K. Basu, M. Majumdar and T. Mitra (eds.) Capital, Investment and Development, Blackwell, 1993.

Dual Tariff: Reforming Controlled Prices, Journal of International Trade and Economic Development, 1993, 151-165.

(with Ajit Mishra) Sustainable Development and the Commons Problem: A Simple Approach, in P. Bardhan, M. Datta Chaudhuri and T.N. Krishnan (eds.), Development and Change, Oxford University Press, 1993.

Group Rationality and Escher's Waterfall, Games and Economic Behavior, vol. 7, 1994.

The Traveler's Dilemma: Paradoxes of Rationality in Game Theory, American Economic Review, vol. 84, May 1994.

On the Suddeness of International Debt Crises, Sankhya, series B, 1994.

(with T.C. Anant and B. Mukherji) A Model of Monopoly with Strategic Government Intervention, Journal of Public Economics, vol. 57, 1995.

Civil Institutions and Evolution: Concepts, Critique and Models, Journal of Development Economics, vol. 46, 1995.

(with A. Deshpande) The Strategic Role of International Credit as an Instrument of Trade, Japanese Economic Review, 1995.

Bargaining with Set-valued Disagreement, Social Choice and Welfare, 1996, vol. 13, 61-74.

The Concept of Equality and Interpersonal Comparisons, in W. Eichhorn (ed.), Essays on Inequality and Measurability, Springer-Verlag, 1995.

Flexibility in Economic Theory, in T. Killick (ed.), The Flexible Economy: Causes and Consequences of the Adaptability of National Economics, Routledge, 1995.

Rural Credit and Interlinkage: Implications for Rural Poverty, Agrarian Efficiency, and Public Policy, in M.G. Quibria (ed.) Critical Issues in Asian Development: Theories, Experiences and Policies, Oxford University Press, 1995.

Industrial Organization Theory and Development Economics, in Dilip Mookherjee (ed), Indian Industry: Policies and Performance, Oxford University Press, 1995.

Stackelberg Equilibrium in Oligopoly: An Explanation based on Managerial Incentives, Economics Letters, 1995.

Methodological Individualism: Resurrecting Controversy, Economic and Political Weekly, February 3, 1996.

Relief Programs: When May it be Better to Give Food Instead of Cash, World Development, 1996.

Notes on Evolution, Rationality and Norms, Journal of Institutional and Theoretical Economics, 1996, vol. 152.

Why are So Many Goods Priced to End in Nine? And why this Practice Hurts the Producers, Economics Letters, 1997.

(with Arghya Ghosh and Tridip Ray) Babu and the Boxwallah: Managerial Incentives and Government Intervention in a Developing Economy, Review of Development Economics, vol. 1, 1997.

(with P.K. Pattanaik) India's Economy and the Reforms of the Nineties: Genesis and Prospect, Journal of International Trade and Economic Development, 1997.

On Misunderstanding Government: An Analysis of the Art of Policy Advice, Economics and Politics, vol. 9, 1997.

Paradoxes of Game Theory, in Peter Newman (ed) The New Palgrave Dictionary of Economics and the Law, Macmillan, 1998.

Social Norms and Law, in Peter Newman (ed) The New Palgrave Dictionary of Economics and the Law, Macmillan, 1998.

Entry on 'Underdevelopment' in Enciclopedia Italiana, Volume XI, Supplemento II, Fondata da Giovanni Treccani, 1998.

(with Pham Hoang Van) The Economics of Child Labor, American Economic Review, vol. 88, June, 1998.

(with James Foster) On Measuring Literacy, Economic Journal, vol. 108, November, 1998.

Child Labor: Cause, Consequence and Cure, with Remarks on International Labor Standards, Journal of Economic Literature, vol. 37, September, 1999.

(with Pham Hoang Van) The Economics of Child Labor: Reply, American Economic Review, vol. 89, December 1999.

International Labor Standards and Child Labor, Challenge, September, 1999. [Reprinted in N. Kabeer, G. B. Nambisan, R. Subrahmanian (eds.) (2003), Child Labor and the Right to Education: Needs versus Rights? New Delhi: Sage.]

(with Pinaki Bose and Clive Bell) Interlinkage, Limited Liability and Strategic Interaction, Journal of Economic Behavior and Organization, vol. 42, 2000.

Whither India? The prospect of Prosperity, in Romila Thapar (ed.), India: Another Millennium? Penguin Books, 2000.

On the Intriguing Relation between Adult Minimum Wage and Child Labor, Economic Journal, vol. 110, March 2000.

(with Patrick Emerson) The Economics and Law of Tenancy Rent Control, Economic Journal, November, 2000.

(with J. Foster and S. Subramanian) Isolated and Proximate Illiteracy: And why these concepts matter in measuring literacy and designing education programmes, Economic and Political Weekly, vol. 35, No. 1, January 8, 2000.

On the Goals of Development, in G. Meier and J.E. Stiglitz (eds.), Frontiers of Development Economics, Clarendon Press, Oxford, 2001.

The Role of Norms and Law in Economics: An Essay on Political Economy, in D. Keates and J. Scott (ed.), Schools of Thought: Twenty Five Years of Interpretive Social Science, Princeton University Press, 2001.

Compacts, Conventions and Codes: Initiatives for Higher International Labor Standards, Cornell International Law Journal, vol. 34, 2001.

India and the Global Economy: Role of Culture, Norms and Beliefs, Economic and Political Weekly, vol. 36, October 6, 2001.

A Note on Multiple General Equilibria with Child Labor, Economics Letters, vol. 74, 2002.

(with A. Narayan and M. Ravallion) Is Literacy Shared within Households: Theory and Evidence for Bangladesh, Labour Economics, 2002.

Ideology, Economics and Labor Market Policy, NCAER Golden Jubilee Lecture Series, in Rakesh Mohan (ed.) Facets of the Indian Economy, New Delhi: Oxford University Press, 2002.

(with Patrick Emerson) Efficiency, Tenancy Rent Control and Monopolistic Landlords, Economica, vol. 70, 2003.

(with Garance Genicot and Joseph Stiglitz) Unemployment and Wage Rigidity when Labor Supply is a Household Decision, in K. Basu, P. Nayak and R. Ray (eds.), Markets and Governments, Oxford University Press, New Delhi, 2003.

(with Luis-Felipe Lopez-Calva) Functionings and Capabilities, in Kenneth Arrow, Amartya Sen and Kotaro Suzumura (eds.), Handbook of Social Choice and Welfare, North-Holland, forthcoming.

(with Zafiris Tzannatos) The Global Child Labor Problem: What do we Know and What can we Do?, World Bank Economic Review, vol. 17, 2003.

(with Tapan Mitra), Aggregating Infinite Utility Streams with Inter-generational Equity, Econometrica, 2003.

(with Jorgen Weibull), Punctuality: A Cultural Trait as Equilibrium, in R. Arnott, R. Kanbur, B. Greenwald, and B. Nalebuff (eds.) Economics for an imperfect world: Essays in honor of Joseph Stiglitz, MIT Press, Cambridge, 2003.

The Economics and Law of Sexual Harassment in the Workplace, Journal of Economic Perspectives, vol. 17, 2003.

Marginalization in a Globalizing World: Some Plausible Scenarios and Suggestions for Measurement, in C. Edmonds (ed.), Reducing Poverty in Asia, Edward Elgar, Cheltenham, U.K., 2003.

Globalization and the Politics of International Finance: The Stiglitz Verdict, Journal of Economic Literature, vol. 41, 2003.

(with Alaka Basu), Gender Discrimination in the Workplace: Facts, Bases and Policy Response, in W. T. Kosanovich (ed.), Improving Labor Market Opportunity and Security for Workers in Developing Countries: ILAB Symposium Papers, U.S. Department of Labor, International Labor Affairs, Washington, D.C., 2004.

The Indian Economy: Up to 1991 and Since, in K. Basu (ed.), India's Emerging Economy: Performance and Prospects in the 1990s and Beyond, MIT Press, Cambridge, 2004.

Globalization and Development: A Re-examination of Development Policy, in A. Kohsaka and K. Nishikimi (eds.) New Development Strategies: Beyond the Washington Consensus, Palgrave Macmillan, 2004.

Labor Laws and Labor Welfare in the Context of the Indian Experience, in Alain de Janvry and Ravi Kanbur (eds.), Poverty, Inequality and Development: Essays in Honor of Erik Thorbecke, Kluwer, Norwell, Massachusetts, forthcoming.

Policy Dilemmas for Controlling Child Labor, in A. Banerjee, R. Benabou and D. Mookherjee (eds.), What we have Learned about Poverty, Oxford University Press, New York, forthcoming.

(with T. Mitra), Possibility Theorems for Aggregating Infinite Utility Streams, in John Roemer and Kotaro Suzumura (eds.), Intergenerational Equity and Sustainability, Palgrave, forthcoming.

(with T. Mitra), On the Existence of Paretian Social Welfare Relations for Infinite Utility Streams with Extended Anonymity, in John Roemer and Kotaro Suzumura (eds.), Intergenerational Equity and Sustainability, Palgrave, forthcoming.

Child Labor and the Law: Notes on Possible Pathologies, Economics Letters, vol. 87, pp.169-74, 2005.

Gender and Say: A Model of Household Behavior with Endogenously-Determined Balance of Power, Economic Journal, 2006.

Consumer Cognition and Pricing in the 9's in Oligopolistic Markets, Journal of Economics and Management Strategy, forthcoming.

Racial Conflict and the Malignancy of Identity, Journal of Economic Inequality, forthcoming.

(with Hodaka Morita), International Credit and Welfare: A Paradoxical Theorem and its Policy Implications, European Economic Review, forthcoming.

Social Norms and Cooperative Behavior: Notes from the Hinterland between Economics and Anthropology, in Isha Ray and Pranab Bardhan (eds.), The Contested Commons: Conversations between Economists and Anthropologists, Blackwell Publishers, forthcoming.

Global Labor Standards and Local Freedoms, in UNU-WIDER (ed.), WIDER Perspectives on Global Development, Palgrave Macmillan, 2005.

Globalization, Poverty and Inequality: What is the Relationship? What Can be Done? World Development, forthcoming.

The New Empirical Development Economics: Remarks on Its Philosophical Foundations, Economic and Political Weekly, vol. 40, No. 40, pp. 4336-39, October 1, 2005.

(with Tapan Mitra) 'Utilitariansim for Infinite Utility Streams: A New Welfare Criterion and Its Axiomatic Characterization,' Journal of Economic Theory, forthcoming.

Teacher Truancy in India: The Role of Culture, Norms and Economic Incentives, (The Vera Anstey Memorial Lecture, Visakhapatnam, 28 December, 2005), Indian Economic Journal, forthcoming.

(with Patrick Nolen) 'Unemployment and Vulnerability: A New Class of Measures, Its Axiomatic Properties and Applications,' in Prasanta Pattanaik, Koichi Tadenuma, Yongsheng Xu and Naoki Yoshihara (eds.), Rational Choice and Social Welfare, Springer, Heidelberg, forthcoming.

'Human Rights as Instruments of Emancipation and Economic Development,' in Hertel, S.L. and Minkler, L. (eds), Economic Rights: Conceptual, Measurement, and Policy Issues, Cambridge: Cambridge University Press, 2007.

Globalisation and Babool Gum

Identity, Trust, and Altruism: Sociological Clues to Economic Development

India Globalizing, in Kelly, David A., Rajan, Ramkishen, S. and Goh, Gillian (eds.), Managing Globalization: Lessons from China and India, World Scientific Publishing, Singapore, 2007.

(with Annemie Maertens) The Pattern and Causes of Economic Growth in India, Oxford Review of Economic Policy, 2007.

Coercion, Contract and the Limits of the Market (The Colin Clark Lecture, delivered at the Australasian Meetings of the Econometric Society, Melbourne, 2004), Social Choice and Welfare, 2007.

(with Ranjan Ray) The Collective Model of the Household and An Unexpected Implication for Child Labor: Hypothesis and an Empirical Test,' in Dhar, Arpita (ed.), Some Contemporary Issues in Development and Growth Economics, Allied Publishers, New Delhi, forthcoming.

India's Dilemmas: The Political Economy of Policy-Making in a Globalized World, Economic and Political Weekly, 2008, forthcoming.

The Enigma of India's Arrival, Journal of Economic Literature, 2008, forthcoming.

(with Amanda Felkey) A Theory of Efficiency Wage with Multiple Unemployment Equilibria: How a Higher Minimum Wage Law Can Curb Unemployment, Oxford Economic Papers, 2008, forthcoming.

Famines, Encyclopedia Britannica, forthcoming.

How Poor Farmers Behave: Interpreting 'Irrationality', Man and Society, 2008, forthcoming.

(with Gary Fields and Shub Debgupta) Labor Retrenchment Laws and their Effect on Wages and Employment: A Theoretical Investigation, in Dutta, Bhaskar, Ray, Tridip and Sommanathan, E. (eds.), Development and Change, World Scientific Publishers, 2008, forthcoming.

(with J. Travis Lee), A New and Easy-to-Use Measure of Literacy, Its Axiomatic Properties and an Application, Social Choice and Welfare, 2008, forthcoming.

(with Homa Zarghamee) Is Product Boycott a Good Idea for Controlling Child Labor? A Theoretical Investigation, Journal of Development Economics, 2008, forthcoming.

Contact Information

Kaushik Basu
Professor of Economics
Uris Hall
Cornell University
Ithaca, NY 14853

Phone: (607) 255-2525
Fax: (607) 255-2818