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The paper titled Economic Analysis of CommunityBased Interventions in Indias MentalHealth Laws and Policy Frameworks: Resources Allocation and the Efficiency authored bySarah, presents a factors in shaping public health outcomes.
The first paper, titled “Economic Analysis of Cyber Risk for Financial Institutions”, authored by Avisha Gupta, Dr. Chitra Saruparia, and Dr. Arun Kumar Giri presents a multi-sectoral approach to dealing with cyber risk for financial institutions by studying multi-sectoral cyberattack patterns. The paper further delves into formulating a robust insurance model and standardization of associated risks and definitions. The paper further offers a quantitative assessment with an aim to develop a industry-level cyber security risk index. Concluding with recommendations for faster response and recovery.
Editors (2025) "EDITORIAL NOTE", GNLU Journal of Law And Economics : Volume VI 2023, Issue II
Available at:
https://gnlu.ac.in/GJLE/Publications/EDITORIAL NOTE
The essay examines the violence that unfurled in Bangladesh in 2024 from the lens of the relativedeprivation theory to explain the role of perceived inequality in political violence, and the prospecttheory to explain the role of prospect losses as a motivation for individuals to participate inpolitical violence. The essay analyses the events that acted as a trigger for the social unrest andfocuses on the contentious quota to explain the decisionmaking process of the players involved,from the viewpoint of the prospect theory. The essay also looks at macroeconomic variables suchas youth unemployment, inflation etc. during both the years that marked a social unrest among thegeneral population and found that in both years, the economy had shown worrying trends. Theessay also looks at the role of costs and benefits as perceived by an individual while making achoice in a risky situation. The conceptual framework is further demonstrated by a game wherethe decisionmaking process of the government, as a player, is discussed. It is found that theequilibrium for both the players is at the first outcome, where the participation is met withsuppression by the government. The most ideal outcome for both the parties is a peaceful approachto the issue at hand. Based on the existing research, and the game theory, policy recommendationshave been formulated emphasizing the need for a stronger penal system, to augment the costs thatare associated with participation in violence, and to make infrastructural developments to addressthe socioeconomic issues at hand. The establishment of transparent communication channelswould also go a long way in mitigating the risks of future unrest.