NICKELED AND DIMED

Wading through Irrationality: Demystifying Emotional Finance

Since the beginning of time, traditional financial decision-making has been based on logic, arithmetic, and statistical measures, neglecting emotions. Emotional finance studies how conscious and unconscious emotions influence investors’ individual decision-making that come to climax markets’ development.

Can Game Theory Help Understand Human Behavior in Times of Crisis?

Human behaviour often follows a pattern – there is an event, then a reaction, and then further reactions, few of them original, many of them borrowed. It is usually the most negative events – like crises, that evoke the most powerful reactions from people, surely replicated by others in some form or other. But what if we had an existing framework that mapped out how predictably we react?

Inefficient Fiscal Management, Extreme Populism and Increasing Dictatorial Powers: The Making of the Sri Lankan Economic Crisis

Given the problem of ‘twin deficit’– a budget shortfall as well as a current account deficit – it is natural to ponder how a country that consistently performed better than its neighbors in terms of various social indicators dug itself deep into this bottomless hole?

Thirteen Years of the Right to Education Act: A Stocktaking Brief

The article discusses the implementational status of the Right to Education (2009) Act, 13 years after its enactment. It picks a few key factors and promises by the law and provides a commentary on how they have fared against the test of reality.

With New PM Shehbaz Sharif Sworn in, a Look at what Lies Ahead for Pakistan

New Pakistan PM, Shehbaz Sharif’s key priorities will be addressing the country’s economic challenges, keeping a disparate coalition of right-wing and left-leaning parties together and a foreign policy less hostile to the west. While with India, people-to-people ties could get a boost and there is scope for resumption of bilateral trade via the Wagah-Attari land crossing. However, Sharif has limited political capital for any big ticket initiatives.

Climate Change is Changing the Way Apples are Being Produced. Here’s How

In terms of the acute risks of imminent climate change, the Himalayan environment is
extremely vulnerable. Because of its geology and terrain, the Himalayan ecosystem is rapidly nearing a state of disequilibrium, with visible changes in its resources and environment.

Conflicting Ideas and Contested Geographies: The Role of History in Explaining the Russia-Ukraine Crisis

This article takes a historical view of the Russian-Ukraine conflict to understand the idea of nationality, sovereignty, shared geographies. In doing so, it tries to make sense of the ongoing conflict to argue how history plays a dominant role in this conflict.