BOOK REVIEW : Games Indians Play (Guest post by Sai Madhav)
This is a guest post by my friend Sai Madhav. I have been trying to pull him into blogging :) Title: Games Indians Play review Author: Raghunathan Vocabulary of the book: Very good I initially thought the book is about consumers–traders who try to maximize their rewards/returns in this pragmatic world. However, I realized soon, that the book is about social life in conjunction with psychology and philosophy. Raghunathan believes that we, the Indians, need self-regulation in the fist-place rather than regulation by external factors (i.e. law/government). He proved that behavioral economics, Game theory etc are nothing but the phenomenon we encounter in our daily lives, from which we fail to grab positive results.One interesting aspect which the author highlights is, Intelligence is not about quick returns but maximizing rewards by sustaining relationships. His analogy between Gita and Game theory is commendable. With the examples he quoted (about Indian politicians / executives / adm...
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