Agriculture Ajay Shah Banking Barack Obama BJP Books Corruption Democracy Dilip D'Souza Economics Education Elections Elections 2009 Examined Fallacies Finance Financial Crisis Financial Markets Foreign Policy Government Hindutva History Humour Jagadguru Law Libertarianism Media Mumbai Mumbai Attacks Narendra Modi Police Politics Poverty Pragati Privatization Reforms Regulation Regulations Stock Market Strict Liability Survivorship Bias Terrorism Thatzwhy United States Writing
Behavioural Science
Pizza Delivery Incentives
Domino’s likes to announce that it doesn’t penalize its delivery boys for not meeting its 30-minute guarantees. It says so on its website, on its menus and the statement is even tagged on the uniforms of said boys. This seems like a good strategy to have – after all, you don’t want your delivery people [...]
The Chinese Stock Market
In late 2007, the Shanghai stock market was going through a boom. A Professor of Economics was visiting China and there he learnt that everyone, everyone was expecting the stock market to crash after the Olympics in September 2008. In other words, they assumed the market to keep rising like a Diwali rocket till then, and then [...]
Responses
Venu says I find it worrisome that you are making quite strong claims (global warming can be handled by markets alone) and then casually stating that you don’t have any evidence for them. No! I didn’t say that. All I say is that we will not act on Global Warming at the optimal time. To [...]




Recent Comments