Archive for July 13th, 2016

Why do people oppose innovations?

July 13, 2016

Calestous Juma of Harvard’s Kennedy School has written this book: Innovation and Its Enemies: Why People Resist New Technologies.

He summarises the book findings here. The crux is why do people oppose innovations?It is simple, to avoid going out of business:

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How Goans get around a monsoon ban on fishing (remembering Lin Ostrom..)

July 13, 2016

Aaron Savio Lobo of Scroll has a piece on the topic.

Goa and the west coast states ban fishing during this period. The government in order to supplement the demand supplies frozen fisheries via mobile vans. These fisheries are brought from AP and TN where time of ban is different.

What is interesting is how the local Goan fisher people have worked around the ban using their local knowhow. This is what Prof Lin Ostrom would strongly approve as well (though Prof Ostrom just brought to limelight what was always known to local people managing commons):

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Perceiving and managing business risks: differences between entrepreneurs and bankers

July 13, 2016

I have always wondered what differentiates the two –  entrepreneur and banker.

Here is an interesting paper by D.K. Sarasvathy, , Herbert A. Simon and Lester Lave which point to probable differences:

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Learning/thinking about statistics using examples from cricket…

July 13, 2016

Anantha Narayanan of cricinfo is helping me think through statistics like very few have. His previous two articles trying to figure consistent batsmen and consistent bowlers were superb. The main idea behind both was to look for  measures other than the popularly used  average to measure performances of batsmen and bowlers.

In his third piece, he digs deeper to evaluate bowlers. There is always this criticism that some bowlers top averages by taking most wickets against weak opposition. This is usually targeted against Murali in particular . This is biased in many ways as even Warne took most wickets against English sides whose record against spin was always poor.

So, he tries to figure quality of wickets and even quotes economics:

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