His Business model is to sell homes in the range of Rs 5 lakh to Rs 11 lakh. How does he plan to do it? There are three broad strategies:
Archive for December 14th, 2010
John Vickers, former BoE member and now at Oxford writes this superb paper on the topic. I have always wondered on comparing central banks with other economic institutions. THis one compares the competition authority with central banks.
Interestingly, in both competition and monetary policy there was a consensus to follow the neoclassical model till this crisis. Now things have changed a bit. Vickers writes about this change: