Kaushik Basu's new book uses game theory to explore why some laws are obeyed while others are flouted.
Nidhi Gupta is Head, Post-Graduate Programmes at the Takshashila Institution. She is a graduate of the London School of Economics and Political Science. Her research interests lie in behavioural economics and in origins of public opinion.
The union government should divert budgetary support from established IITs & NITs to ailing state universities. IITs and NITs, in turn, must raise funding from alternate sources - alumni, foreign university collaboration, industry partnerships, increase in fees, etc.
In Payoff, Ariely sets about studying this complex nature of motivation. As is the case with all his other books, he does this through a series of interesting experiments where the participants are asked to perform simple tasks under different control conditions.