Indian Institute of Management Bangalore

About: Indian Institute of Management Bangalore is a education organization based out in Bengaluru, Karnataka, India. It is known for research contribution in the topics: Emerging markets & Context (language use). The organization has 491 authors who have published 1254 publications receiving 23853 citations. The organization is also known as: IIMB.

Real Consumption Levels and the Public Distribution System in India

Abstract: The policy of allocation of food grains under rationing has been very ad hoc in India with allocation being fixed on a 'historical basis'. This paper uses four sets of pooled equations for predicting stable levels of per capita consumption of rice and wheat in physical terms in rural and urban India. Food grain demand is estimated for all the States in India. The own-price, cross price and income elasticities of demand are estimated. The model shows a high level of predictive efficiency.

IT Innovations: Evaluate, Strategize, and Invest

Abstract: Technology innovations have shaped the IT Industry since its inception. Adoption of a particular innovation is often a key survival factor: "fast followers" learn from others, monetize an innovation, and almost always make abnormal profits. Thus, the important question for IT professionals is, "How can I evaluate an emerging trend for its investment worthiness?" To answer this question, the author describes a diffusion of IT innovations framework that can evaluate emerging trends in the IT space. He also analyzed some current trends using this framework and suggests strategies for investing in them.

Making E-Governance Centers Financially Sustainable in Rural India: A Conceptual Design for Action Research

Abstract: Large-scale failure of telecenters in rural areas has subdued initial high expectations with regard to ICT bringing about developmental changes and given rise to skepticism about the long-term financial sustainability of such telecenters. The experience in many Indian states, including Karnataka, indicates that taking telecenters closer to people in rural areas is fraught with difficulty in terms of making them financially sustainable. Our analysis of the problem identifies the limited range of services provided by these telecenters as the primary cause for their failure. As a remedy, we suggest a three-pronged approach: first, use of these centers for public service delivery as well as public data collection by the government; second, providing a cluster of complete and integrated services to cater to a wider customer base, thus substantially improving value for the rural customers; and third, providing information and other services to businesses with significantly large operations in rural areas. This approach has the dual advantage of making telecenters viable and therefore meeting the requirements of the rural poor as well as helping the government deliver its services more efficiently and effectively in rural areas.

Assessing the chances of success: naïve statistics versus kind experience.

Abstract: Additive integration of information is ubiquitous in judgment and has been shown to be effective even when multiplicative rules of probability theory are prescribed. We explore the generality of these findings in the context of estimating probabilities of success in contests. We first define a normative model of these probabilities that takes account of relative skill levels in contests where only a limited number of entrants can win. We then report 4 experiments using a scenario about a competition. Experiments 1 and 2 both elicited judgments of probabilities, and, although participants' responses demonstrated considerable variability, their mean judgments provide a good fit to a simple linear model. Experiment 3 explored choices. Most participants entered most contests and showed little awareness of appropriate probabilities. Experiment 4 investigated effects of providing aids to calculate probabilities, specifically, access to expert advice and 2 simulation tools. With these aids, estimates were accurate and decisions varied appropriately with economic consequences. We discuss implications by considering when additive decision rules are dysfunctional, the interpretation of overconfidence based on contest-entry behavior, and the use of aids to help people make better decisions.

Diversity Deficit and Scale-Flip

Abstract: We present a comprehensive multi-scale test of the diversity-deficit hypothesis that posits a negative association between diversity and development. We develop a ‘scale-flip hypothesis’ that forma...