Summary
Contents
Subject index
The telecom war between Reliance Jio and Airtel was only a preamble to the impending battle between Google and Jio. Nitish Kumar broke the mahagathbandhan while seeming to try to bend RJD to his will. All the schmoozing between Trump and Xi hasn’t reduced the North Korean nuclear threat. Could we have predicted these outcomes before they actually happened? Yes we could have—not with IQ or EQ, but with ‘Game Theoretic Quotient’. A new intelligence, a new way of looking at the world. Game Sutra highlights the underlying strategic considerations of entities as diverse as heads of state, bitcoin miners and CEOs of internet companies to explain their decisive choices. Immerse yourself in its heady mix of cogent fact and smart analysis to develop your ‘game theoretic quotient’. Your world will never be the same again.
The Absolutism of Demonetization
The Absolutism of Demonetization
In November 2016, Prime Minister Modi decided to withdraw existing ₹1,000 and ₹500 notes and replace them with new notes. This decision, referred to as demonetization, withdrew 86 per cent of the outstanding currency of the economy and made stringent demands of all sections of the population, rich and poor alike. Here, a parallel is drawn to the ultimatum game, in which a certain sum, say $100, is to be divided between two players.46
It takes a strong leader to take bold decisions. Demonetization puts the seal on Narendra Modi's claims of strength. Since independence, radical decisions have rarely been taken. The abolition of zamindari by Jawaharlal Nehru in 1953 and the national-ization of banks and mining ...
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