Explore conditionality, its role in international aid, loan agreements, and public welfare, and understand its various types, applications, and potential criticisms.

Discover what administered prices are, their role in economies, examples from history, and how they impact supply, demand, and economic efficiency.

Ameyavikram Pathak is Chief Executive Officer of investment management firm AVP Holdings and member of the Finance Committee of the Princeton Foundation for Peace and Learning. Armen Baibourtian is ...

People like to help those who are helping them, and to hurt those who are hurting them. Outcomes reflecting such motivations are called fairness equilibria. Outcomes are mutual-max when each person ...

Behavioral economics combines elements of economics and psychology to understand how and why people behave the way they do in the real world. It differs from neoclassical economics, which assumes that ...

As the countdown begins for the CBSE Class 12 Economics exam scheduled on March 19, 2025, students are gearing up to put ...