113,230 research outputs found

    When No Law is Better than a Good Law

    No full text
    This paper argues, both theoretically and empirically, that sometimes no security law may be better than a good security law that is not enforced. The first part of the paper formalizes the sufficient conditions under which this happens for any law. The second part of the paper shows that a specific security law - the law prohibiting insider trading - may satisfy these conditions, which implies that our theory predicts that it is sometimes better not to have an insider trading law than to have an insider trading law but not enforce it. The third part of the paper takes this prediction to the data. We revisit the panel data set assembled by Bhattacharya and Daouk (2002), who showed that enforcement, not the mere existence, of insider trading laws reduced the cost of equity in a country. We find that the cost of equity actually rises when a country introduces an insider trading law, but does not enforce it.

    Rethinking The Third World: International Development and World Politics by Mark T. Berger and Heloise Weber

    No full text
    Berger, Mark T. and Heloise Weber. Rethinking The Third World: International Development and World Politics. London: Palgrave Macmillan, 2014. Review by Preya Bhattacharya

    Fables for All Ages

    No full text
    Tagore is a favorite author for me as a writer of poems bearing on the spiritual life. I was thus surprised to see him presented as a writer of fables. Alas, I fear that what is in this paperback book is not fables as I understand "fable." A T of C would have helped me realize that there are three longer works here, perhaps short stories or Novellen. I have to save enjoying them for a later time. For now, I include the book in the collection as a help to me and others who may expect something different from the book's title.Abanindranath Tagore, translated biy Manoshi Bhattachary

    Some remarks on the regularity of minimizers of integrals with anisotropic growth

    No full text
    We prove higher integrability for minimizers of some integrals of the calculus of variations; such an improved integrability allows us to get existence of weak second derivatives

    Bounds for the variance of functions of random variables by orthogonal polynomials and Bhattacharya bounds

    No full text
    Upper and lower bounds for the variance of a function g of a random variable X are obtained by expanding g in a series of orthogonal polynomials associated with the distribution of X or by using the convergence of Bhattacharya bounds for exponential families of distribution.variance bounds Chernoff's inequality orthogonal polynomials exponential families Bhattacharya bounds

    Letter, [Author unclear] to Paulina T. Merritt

    No full text
    Handwritten letter to Paulina Merritt from an unknown author, October 1, 1876.

    A new species of the genus Antennoseius (Ascidae: Mesostigmata) from India

    No full text
    Bhattacharyya, A. K., Sanyal, A. K., Bhattacharya, T. (2003): A new species of the genus Antennoseius (Ascidae: Mesostigmata) from India. Zootaxa 295: 1-7, DOI: 10.5281/zenodo.15635
    corecore