- Jul 25 2014, 2116
Base rate fallacy, also called base rate neglect or base rate bias, is an error in thinking that is common among people. If presented with related base rate information
- Jul 24 2014, 2109
The recent tragedies involving the Taiwan’s TransAsia Airways flight, and Malaysian Airlines MH 17 and MH 370 have resulted in deaths of close to 580 people this year alone.
- Jul 18 2014, 2218
In decision theory loss aversion refers to people’s tendency to strongly prefer avoiding losses to acquiring gains. Some studies suggest that losses are twice as powerful psychologically
- Jul 14 2014, 2045
In India, the renewable energy certificate (REC) mechanism, introduced in 2010, is a market-based instrument to promote renewable energy and facilitate compliance of renewable purchase obligations (RPOs). It is
- Jul 11 2014, 2257
In the recent Indian budget, the finance minister, Arun Jaitley, announced the setting up of Rs 10,000 crore fund to enhance capital flow to startups and small and medium enterprises
Stay informed on our latest news!