Nobel Laureate Richard Thaler's Views On Auctions
The government has already set up a Nudge unit; now, it should apply the Nobel laureate's insights on auctions relating to essential infrastructure.
Shyam Ponappa | November 2, 2017
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This applies across the board in the broadest “spatial planning” sense that integrates housing and land use at all levels with commercial, industrial, cultural, scientific and educational activity, transportation, and all governance and infrastructure: water, sewerage, energy, communications, basic health and education. Infrastructure being the first level of enablement is the essential starting point.
The 2014 Election - National Democratic Alliance II (NDA II)
Previously, India’s leaders acknowledged repeatedly that infrastructure is India’s great need. Yet, they took no steps [Addendum: see below for the exception: NTP-2011 in October, 2011] to marshal forces to draw up a credible strategy and execution plan. This is what needed doing. Only good intentions and/or money won’t do, because delivery systems and processes have to be developed, i.e., planned, then built from scratch.
government to truly break the mould and get the job done.
- July 2014
And it gets worse for Digital India as another spectrum auction augers ill, with bids of over $16 billion expected in March, and the attendant deprivation of network rollout and service delivery. - February 2015
... And even worse, with a series of annual auctions threatened from 2017! - March 2017