The relationship between the contingent commodity and asset approaches to consumer behavior under uncertainty is used in examining Slutsky equations for assets. The menu of assets describes an ...

A team from the University of Tokyo has combined economic theory with biology to understand how natural systems respond to change. The researchers noticed a similarity between consumers’ shopping ...

Both income tax and the goods and services tax have both been reduced this year, costing the exchequer around ₹2.5 lakh crore. In his speech to the country last Sunday, the Prime Minister said he ...