This paper investigates the relationship between formal and informal financial institutions in India. Traditional views treat formal financial institutions and the informal ones as substitutes, in which case previously credit-constrained entities will replace their informal financing by formal financing eventually as they gain access to bank loans. However, in this paper, I take a close look at...

Family and friends who provide unpaid care to an individual with a disease or disability (known as informal caregivers) experience numerous threats to their physical health as a result of providing care. In spite of evidence that participation in physical and leisure activities can be health promoting, informal caregivers have reported diminished or completely absent leisure participation. Hath...

a r t i c l e i n f o The decentralization of resource property rights has become an increasingly popular policy in many natural resource-dependent communities of the developing world. However, the success of this policy approach depends on both collective action and institutionalization. It is therefore important to evaluate collective action and insti-tutionalization where the process of prop...

Voluntary participation, demonstrated to be a simple yet effective mechanism to promote persistent cooperative behavior, has been extensively studied. It has also been verified that the aspiration-based win-stay-lose-learn strategy updating rule promotes the evolution of cooperation. Inspired by this well-known fact, we combine the Win-Stay-Lose-Learn updating rule with voluntary participation:...

Game theory is the study of mathematical models and cooperation between intelligent rational decision-makers. This paper provides a flexible model to calculate pay-off matrix based on several importance factors. This model is adapted by cooperative game and developed for some competitive advantages sections in pharmaceutical industry. An optimum solution is derived by considering Nash equilibri...