The Reviewer’s Duty and the Tragedy of the commons

In Economics, there is a concept called Tragedy of the Commons which simplistically means that when left to their own mechanism, individuals acting out of their own self interest sometimes behave in a manner which is against the common interest of all. (more…)


Was buying LinkedIn a good decision by Microsoft?

A few days ago, on 13th of June, Microsoft bought LinkedIn for around $26 billion at $196 a share. So, was this buying a good decision? Even before thinking about that, lets try to understand why was LinkedIn sold to Microsoft in the first place. After all, a company proclaiming to remain an independent entity doesn’t liquidate itself all of a sudden. (more…)