Exploring the varied contributions made to policymaking — ranging from international trade and environmental policy to even electoral reform — by...

Recipient of the third Nobel for economics, Simon Kuznets’ work on national income, economic growth and income distribution made him a significant...

Exploring the many contributions of Paul Samuelson in the scientific application of economics to the challenges — groundbreaking work that has even...

Analysing the significant contributions made to the field of economic policy by the recipients of the first Nobel in Economics, Ragnar Frisch and Jan...

Exploring the continuing relevance of the Nobel Prize for Economics and the varied impact of its awardees on public policy decisions worldwide

Exploring another core concept of NIE, the concept of rationality and its evolution as a part of the neoclassical economic model

With the failure of the neoclassical model in addressing the supply of public goods and common-pool resources, NIE offers the necessary tools to...

Exploring another core component of the NIE+ framework — the issue of asymmetric and incomplete information — while also identifying its role in the...

An in-depth look at one of the core concepts in the NIE+ framework — property rights — and discussing the many empirical and theoretical approaches to...

Revisiting one of the central concepts in the NIE+ framework — the theory of transaction costs and highlighting the methods of measuring such costs

In part two, NIE+ framework is being used to address the myriad of complications that affect the water policies and suggest policy solutions

The first of the two-part article uses NIE+ framework to analyse the many recurring problems that plague the water sector across the world