How data helps India's cities adapt to rapid urbanization | GreenBiz
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This book has innumerable insights into things that happen all around us.
In markets, in stock exchanges, in farms as well as in boardrooms and bedrooms. It is a very easy read as Karthik uses his own experiences as well as everyday events and situations to explain how economics can be used to understand these things. Though there is nothing specific Price needs buyer. Which is an excellent thing. We need a lot more such accessible books about economics which are set in the Indian context.
As is obvious from a lot of examples that have been analyzed in this book, we could use a lot more economic reasoning in our daily interactions with each other and with the government in this country. Let me dive straight into some of the things I found most interesting. A broker gets paid when a deal is struck while a clearing house or a platform gets paid when you subscribe to it. Hence they will behave in very different ways. True from marriage brokering to real estate.
Broker is not always bad. They can also reduce the liquidity gap by acting as a buffer of resources over time. But only when there is enough competition and relative information parity between buyer and seller. Irrespective of the cuisine you pick, it is inevitable that the total cost of cooking at scale is far lower than the cost of cooking individually.
Take that you people who prefer to eat at home! A city can be uniquely defined by the liquidity of different goods and services there.
Between the Buyer and the Seller by Karthik Shashidhar
One of the most brilliant definitions of a city that I have ever some across. You cannot stress this point enough. Only if there are enough buyers and sellers does it a market make. The crash of course. A nice explanation of what lead to the toxic debts that eventually led to the crash.
Industrial group, global expert in the water and waste sectors
Traditionally, the luxury goods industry relied on members-only clubs to get rid of excess inventories. I had no idea about this but made a lot of sense when I read the reasoning around maintaining the brand image while also incentivizing sell.
- Mobile phone recycling
- Waste Paper in Bengaluru
- Our solutions for a sustainable management of resources
A way to prevent arms race in High Frequency Trading? Manufacturers and agencies are slowly adapting new programs in an effort to curtail the amount of waste that has been rising over the years.
Australia[ edit ] Australia currently has a national recycling program that was established under the name of MobileMuster. Currently, its main focus is centered around mobile phones, batteries and any related accessories.
They collaborate with over 1, retailers, local councils, government agencies and businesses in their recycling efforts. The greatest benefit that arose from this research was the simple fact that raising public awareness of a recycling program actually lead to a large spike in the number of devices being recycled.
By the end of June more thandevices and 1. The reasoning behind this is that reusing leads to a decreased amount of resources being extracted from the environment, therefore minimizing the impact. A 'marginal' amount of gold and palladium has also been extracted. The first cell phone recycling company in the U.
Value of recycling[ edit ] Mobile phones have value well after their intended use.
How data helps India's cities adapt to rapid urbanization
Yet the value of these phones to recyclers is marginal and relies on high volume to become profitable. The economic value of recycled cell phones is split into two categories; refurbished units that are resold to end users and phones that have no value to retail consumers that are recycled for their precious metals. The University of California Santa Barbara published a study in on the subject called, "Economics of Cell Phone Reuse and Recycling" that states the value of reused and recycled cell phones.
Inaccording to the study the average cost for U. The study also describes the value of all precious metals inside of cell phones as well as the cost of extracting said metals.