The Value of Superfluous Option

I read this interesting post on LinkedIn: Why giving 3 options is better than giving 2 options? A few weeks back I was to a local juice shop. A girl came and asked for a glass of juice, he gave her a choice of two sizes (INR 40 and INR 50). She asked neither the... Continue Reading →

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Good Read: Will Half Of All Colleges Really Close In The Next Decade?

I came across this interesting and thought provoking article on Forbes about future of the traditional Education Will Half Of All Colleges Really Close In The Next Decade?I don't agree with many points in the article, but it's a good read.

Sendhil Mullainathan Wins Infosys Prize 2018

Just read this news that Harvard Prof Sendhil Mullainathan won (along with 5 others) Infosys Prize 2018 for science and research https://www.thehindu.com/sci-tech/science/six-professors-win-infosys-prize-2018-for-science-and-research/article25483977.ece I had watched Sendhil's TED talk and had liked it a lot! There are many economists of late who write and talk about behavioral economics, cognitive biases and nudge. This one is also... Continue Reading →

Good Read: Just How Much Power Do We Give Technocrats?

A good article by IIM-A Professor T T Ram Mohan on the recent tussle between the Government and RBI (the central bank of India). Central Bank Independence: Just How Much Power Do We Give Technocrats? https://www.bloombergquint.com/opinion/rbi-versus-government-central-bank-independence-just-how-much-power-do-we-give-technocrats#gs.eJ4UQjk I found this quote to be very thought-provoking: Without naming any institution, Jaitley asked, “Are we weakening the authority... Continue Reading →

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