Rupayan Pal

Rupayan Pal

rupayan pal
Office Telephone : +91-22-28416545
Email id : rupayan@igidr.ac.in
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Dr. Rupayan Pal, Professor of Economics at Indira Gandhi Institute of Development Research (IGIDR), India, is an applied micro-economist specializing in the area of strategic interactions among economic agents. His theoretical research has dealt with issues including design of green payment mechanism, pricing strategies of network goods producing firms, entry in two-sided markets, delegation in organizations, innovation activities of firms, patents and remedial measures, privatization, environmental regulation, water allocation and disputes, union-oligopoly bargaining and inter-jurisdictional tax competition. He has also researched on some of the policy relevant empirical issues pertaining to developing countries like India, such as dynamics of competitive environment in manufacturing industries, financial inclusion, unionization and labour regulations, tax efficiency and electoral competition. International academic journals such as Journal of Economics & Management Strategy, Environmental and Resource Economics, Mathematical Social Sciences, Journal of Public Economic Theory, Regional Science & Urban Economics, Economics Letters, Journal of Institutional and Theoretical Economics, Scottish Journal of Political Economy, Journal of Policy Modeling, Resource & Energy Economics, International Journal of Economic Theory, Economic Modelling, Journal of Economics, Manchester School, and others have published his research papers. He is an enthusiastic teacher too.

Network Externalities
  • Network Externalities and Process R&D: A Cournot-Bertrand Comparison, 2020, Mathematical Social Sciences (with M. Naskar)
  • Tacit Collusion and Market Concentration under Network Effects, 2016, Economics Letters (with M. Scrimitore) 
  • Cournot vs. Bertrand under Relative Performance Delegation: Implications of Positive and Negative Network Externalities, 2015, Mathematical Social Sciences
  • Managerial Delegation in Monopoly and Social Welfare, 2014, International Journal of Economic Theory
  • Price and Quantity Competition in Network Goods Duopoly: A Reversal Result, 2014, Economics Bulletin
  • Network Externalities and Strategic Managerial Delegation in Cournot Duopoly: Is There a Prisoners’ Dilemma?, 2013, Review of Network Economics (with T. Bhattacharjee) 

 

Platform Competition
  • Will a Matchmaker Invite Her Potential Rival In?, 2017, Journal of Economics and Management Strategy (with V. Ramani)

 

Resource and Environment
  • Heterogeneity in Farmers’ Social Preferences and the Design of Green Payment Schemes, 2021, Environmental and Resource Economics (with P. Banerjee, A. Woosink, and J. Asher)
  • Pollution Tax, Partial Privatization and Environment, 2015, Resource and Energy Economics (with B. Saha)
  • Mixed Duopoly and Environment, 2014, Journal of Public Economic Theory (with B. Saha)
  • Delegation and Emission Tax in a Differentiated Oligopoly, 2012, Manchester School
  • Environmental Standards as Strategic Outcomes: A Simple Model, 2010, Resource and Energy Economics (with R. N. Bhattacharya)

 

International Tax Competition
  • Nash Equilibrium in Tax and Public Investment Competition, 2019, International Review of Economics and Finance (with A. Sharma)
  • Preferences over Public Good, Political Delegation, and Leadership in Tax Competition, 2019, Public Finance Review (with A. Sharma)
  • Competition for Foreign Capital under Asymmetric Revenue-Orientation, 2016, Indian Economic Review (with A. Sharma)
  • Endogenizing Governments’ Objectives in Tax Competition, 2013, Regional Science and Urban Economics (with A. Sharma)

 

Privatization
  • Equilibrium Coexistence of Public and Private Firms and the Plausibility of Price Competition, 2020, Journal of Institutional and Theoretical Economics (with M. Mitra, A. Paul and P. M. Sharada)
  • Mixed Duopoly, Cross-ownership and Partial Privatization, 2012, Journal of Economics (with R. Jain)

 

R&D, Innovation and Technology Adoption
  • Can the Information Technology Revolution Explain the Incidence of Co-movement of Skill Premium and Stock Prices?, 2016, Economic Modelling (with K. Gangopadhyay and A. Nishimura) 
  • Competition, Strategic Delegation and Delay in Technology Adoption, 2016, Economics of Innovation and New Technology (with A. Mahathi and V. Ramani)
  • Cooperative Managerial Delegation, R&D, and Collusion, 2010, Bulletin of Economic Research
  • Technology Adoption in a Differentiated Duopoly: Cournot versus Bertrand, 2010, Research in Economics

 

International Trade Policy
  • Probabilistic Patents, Alternative Damage Rules and Optimal Tariffs, 2020, Journal of Institutional and Theoretical Economics (with A. Dey and A. K. Kaushik)
  • Welfare Ranking of Alternative Export Taxes Revisited, 2017, Economics Bulletin (with A. Ghosh)

 

Union-Firm Bargaining in Oligopoly
  • Entry Threats and Inefficiency in Efficient Bargaining, 2016, Scottish Journal of Political Economy (with B. Saha)
  • Union-Oligopoly Bargaining and Entry Deterrence: A Reassessment of Limit Pricing, 2008, Journal of Economics (with B. Saha)
  • Wage Commitment, Signalling and Entry Deterrence or Accommodation, 2006, LABOUR: Review of Labour Economics and Industrial Relations (with B. Saha)
  • Union-Firm Bargaining Under Alternative Pay Schemes: Does Performance Related Pay Fare Better?, 2006, Indian Journal of Labour Economics

 

Electoral Competition: Theory
  • On the Probability Ratio Index as a Measure of Electoral Competition, 2020, Palgrave Communications (with S. R. Chakravarty, M. Mitra and S. Mutuswami)  

 

Competition Policy: Theory
  • Signaling through Public Antitrust Enforcement: An Extension, 2019, Economics Bulletin (with M. Ganguly)

 

Incentives in Team: Empirics
  • The Impact of Group Incentives on Performance of Small Firms: Hausman-Taylor Estimates, 2010, Managerial and Decision Economics (with K. Dixit)

 

Financial Inclusion: India
  • Usage of Formal Financial Services in India: Demand Barriers or Supply Constraints?, 2019, Economic Modelling (with A. Kumar and R. Pal)
  • Financial Inclusion in India: An Axiomatic Approach, Journal of Policy Modeling (with S. R. Chakravarty)
  • Outreach of Banking Services across Indian States: 1981-2007 – Converging or Diverging?, 2011, Chapter 12 in India Development Report 2011 (with R. R. Vaidya)

 

Public Finance and Politics: India
  • Why Tax Effort Falls Short of Tax Capacity in Indian States: A Stochastic Frontier Approach, 2017, Public Finance Review (with S. Garg and A. Goyal)
  • Electoral Outcome and Provision of Public Goods: A Case Study of India, 2016, Journal of Comparative Asian Development (with A. K. Kaushik)
  • How Representative Has the Lok Sabha Been?, 2012, Economic and Political Weekly (with A. K. Kaushik)
  • A Scrutiny of the MP-LADS in India: Who Is It For?, 2010, Economic and Political Weekly (with A. Das)

 

Industry – Competition and Growth: India
  • Dynamics of Firm's Competitive Behavior in Indian Manufacturing Industries: 1971-2010, 2015, Chapter 7 in India Development Report 2015
  • The Relative Impacts of Banking, Infrastructure and Labour on Industrial Growth: Evidence from Indian States, 2011, Macroeconomics and Finance in Emerging Market Economies

 

Labour Market: India
  • Estimating Workers' Bargaining Power and Firms' Markup in India: Implications of Reforms and Labour Regulations, 2016, Journal of Policy Modeling (with U. Rathore)
  • Labour Market: Balancing Freedom and Protection, 2014, Chapter 30 in Oxford Handbook of the Indian Economy in the 21st Century: Understanding the Inherent Dynamism (wth B. Saha)
  • Impact of Communist Parties on the Individual Decision to Join a Trade Union: Evidence from India, 2010, Developing Economies

  • Peace over War: Conflict, Contest and Cooperation in Water Sharing (with D. R. Pati)
  • Corruption vs. Efficiency in Water Allocation under Uncertainty: Is There a Trade-off? (with D. R. Pati)
  • Per unit and ad valorem royalties in a patent licensing game (with M. Montinaro and M. Scrimitore)
  • An Axiomatic Characterization of the Probability Ratio Index (with S. R. Chakravarty, M. Mitra and S. Mutuswamy)
  • Green Firm, Brown Environment (with P. Banerjee and A. M. T. Hussain)
  • Externalities, Entry Bias and Optimal Subsidy Policy in Oligopoly (with R. Song)
  • Honor and Stigma in Mechanisms for Environmental Protection (with P. Banerjee and J. F. Shogren)
  • Interval Private Values and Bidding Behaviour in Second Price, BDM and Random n-th Price Auctions (with P. Banerjee, S. Datta, D. Chakravarty and A. M. T. Hussaian)

  • Oligopoly Theory
  • Microeconomics -II (Part 2, Information Economics)