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Dry intellectual pursuits solving problems on the ground

Mint WSJ featured us in the latest Lounge edition (March 10, 2012). Niranjan Rajadhyaksha has put together a fantastic piece titled ‘The new think tank’ on how dry intellectual pursuits are solving real life problems on the ground. Tara Thiagarajan a PhD in neuroscience from Stanford has built her analysis of poverty using the principles of physics, non-linear dynamics and biology. She is demonstrating how network theory can explain why people are poor. Kaushik Basu, a highly respected technical economist is helping the Indian government design efficient public policy using game theory. V Srinivas, a biologist is using auctions to ensure local communities have a stake in tiger conservation. The story also features how FinalMile is solving day to day complex behavioural problems using the principles of  neurosciences and behavioural economics. Read more here

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