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The Need for Instant Gratification

The Need for Instant Gratification

Jan 21, 2016 | Dr C K Narayan | Interesting Read

In my weekend reading I came across a phrase called ‘time inconsistency’ in the field of behavioral economics. Time Inconsistency refers to the tendency of the human brain to value immediate rewards more highly than future rewards. And I

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The Grass Is Always Greener On The Other Side

The Grass Is Always Greener On The Other Side

Dec 28, 2015 | Dr C K Narayan | Interesting Read

This is one of the phrases that we are all familiar with. It refers to a feeling that we have that something that is not with us is somehow always better than the one we have. That may be factual or fiction but all of us carry this feeling about vari

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Market Stories And Why We Tell Them

Market Stories And Why We Tell Them

Nov 26, 2015 | Dr C K Narayan | Interesting Read

When we were kids, our grandparents told us stories-especially when we were to go to sleep. Possibly, the logic behind this was that the mind reaches a more peaceful stage when told a nice story and becomes conducive to go to sleep. Recall that there

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