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When not to bribe a Traffic Cop (eBook)

Type: e-book
Genre: Social Science, Business & Economics
Language: English
Price: ₹399
(Immediate Access on Full Payment)
Available Formats: PDF

Description

Have you ever wondered why life in India feels simultaneously chaotic and strangely resilient? This groundbreaking book applies the objective principles of Behavioral Economics to uncover the hidden rationality beneath the daily madness of Indian life, from the smallest transaction to the largest social institution. We reveal how the famous jugaad mentality is not mere improvisation but a calculated, agile system of Frugal Innovation rooted in resource scarcity.
Discover the precise moment when bribing a traffic cop becomes an economically sound, time-saving choice, illustrating how small acts of rule-bending are mathematically reinforced. The book analyzes the fierce game of social signaling, detailing why people queue-jump, and the immense pressure to conform in the marriage market, where dowry is shown as a severe form of risk premium. Explore the national obsession with certainty, driving the preference for government jobs and impacting Risk Management India across all demographics.
The analysis provides trenchant Indian Social Commentary on the country's unique challenges, including the economics of political freebies and the hidden costs of national consumerism. It dives deep into traditional saving habits, revealing why generations of Indians instinctively prefer hoarding gold over paper assets, offering a fresh perspective on Personal Finance India. By dissecting systems like the exam fever, tipping customs, and the trust-based informal economy, this study offers a powerful new lens into the true functioning of the Indian Economy.
The goal is to provide a complete understanding of the country's dynamics by linking individual choices to collective outcomes. This synthesis bridges cultural habits with micro-economic incentives, providing a comprehensive Socio-Economic History of India told through the lens of individual choice and Decision-Making psychology. Far from being inefficient, the book argues that India is a hyper-efficient system, optimized for better or worse for individual survival rather than collective rule adherence. If you want to stop merely observing the chaos and start understanding the profound logic that governs the country, this book is your essential guide. It’s time to decode the Hidden Logic of India. This is the definitive manual for anyone seeking to master the art of navigating and understanding the world's most complex and fascinating economy.

About the Author

Shreenivas Joshi is an authority on consumer behavior and financial technology, supported by a 25-year career as a Fintech Product Management leader at global corporations like eBay, PayPal, and PayU. With a foundation in Computer Science, he has spent his professional life analyzing vast amounts of behavioral data to inform effective product strategy. He has lived across different parts of the world, taking immense interest in local cultures, cuisine, their behavioral habits, etc.

Driven by a passion for understanding the cognitive biases that shape financial decisions, Shreenivas Joshi's writing applies the core concepts of behavioral economics to the distinctive context of Indian policy and consumer behavior. He is intrigued by the subtle ways Indian readers respond to incentives, risk, and choice, and he aims to offer insights that improve both personal finance and government policy-making.

Shreenivas Joshi resides near Mumbai, India, and dedicates his time to dissecting the "why" behind economic decisions.

Instagram: @indian.behavioral.economics
My Website: https://sites.google.com/view/shreenivasjoshi/home

Book Details

Publisher: Shreenivas Joshi
Number of Pages: 43
Availability: Available for Download (e-book)

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