Working Papers

  • Micro-finance: The SHG-linkage Program, being prepared for ``The Oxford Handbook of the Indian Economy’’, Ed. Chetan Ghate.
  • Porter hypothesis and hyperbolic discounting.
  • Multi-person bargaining: Transparency, complementarity and holdout (joint with Kunal Sengupta).
  • Gradual Repayment and sequential lending in micro-finance (joint with Shyamal Chowdhury and Kunal Sengupta).
  • Does the Market Kill Bad Ideas? An Institutional Comparison of Committees and Markets in Network Industries (joint with Debdatta Saha).
  • Spatial Inequality and Economic Development (joint with Namrata Gulati).
  • Aid in the time of terror (joint with Jaideep Roy).
  • Land Acquisition: Political Intervention, Voice and Fragmentation.
  • Multi-person Bargaining with Complementarity: Is There Holdout (with Kunal Sengupta), MPRA Paper # 11517.
  • Deterrence, Preemption and Panic: A Common-Enemy Problem of Terrorism (with Satya P. Das), ISID Discussion Paper # 04-2008.
  • Borrower Empowerment and Savings: A Two-stage Micro-finance Scheme, MPRA Paper # 3405.

Recent Journal Publications


  • Edgeworth Market Games: Price-taking and Efficiency, forthcoming "Encyclopedia of Operations Research and Management Science’’ Ed. Marc Kilgour, John Wiley & Sons, Ltd.
  • Public-private Partnerships in Micro-finance: Should NGO Involvement be Restricted? (with Jaideep Ray), Journal of Development Economics 90, 200-208, 2009.
  • Bertrand Competition with Non-rigid Capacity Constraints, Economics Letters 109, 55-58, 2009.
  • Mixed Oligopoly with Distortions: First Best with Budget-balance and the Irrelevance Principle, Economics Bulletin 29, 1885-1900, 2009.
  • Financial Intermediation and Employment (with M. Pant and G. Singh), Review of Market Integration 1, 61-82, 2009.
  • Firm Size and Pricing Policy, forthcoming, Bulletin of Economic Research.
  • Joint Venture Instability and Monitoring, forthcoming, Indian Growth and Development Review.
  • Bertrand - Edgeworth Equilibrium with a Large number of Firms, International Journal of Industrial Organization 26, 746-761. 2008.
  • Adoption of New Technology and Joint Venture Instability (with Tarun Kabiraj), Research in International Business and Finance 22, 108-123, 2008.
  • Controlling Collusion in Auctions: The Role of Ceilings and Reserve Prices, Economics Letters 98, 420-426, 2008.
  • Group-lending with Sequential Financing, Contingent Renewal and Social Capital, Journal of Development Economics 84, 487-507, 2007.
    • Winner of the JDE Best Paper Award, 2007.
  • Alliances Among Asymmetric Countries. Defence and Peace Economics 18, 253-263, 2007.


Feedback or accessibility issues: email pu [at] isid.ac.in
Planning Unit, Indian Statistical Institute
7, S.J.S. Sansanwal Marg, New Delhi 110 016, India