Miscellaneous / 26.03.2011

By Anjum Altaf Cricket is emblematic of South Asia. It distinguishes the region qua region from almost anywhere else – East Asia, West Asia, Africa, the Americas, Europe. So at this time when three of the four teams in the World Cup semifinals are South Asian, it is opportune to wrap some thoughts about risk, strategy and design in the metaphor of cricket. In an earlier article (Achievement and Risk-taking) written quite some time back, I had used illustrations from cricket to make the point that the propensity of an individual to take risks is not a function of personality but an outcome of strategic calculation. In other words, individuals are not born with a given attitude towards risk; they can decide when it makes sense to be cautious or bold. I have now found an academic presentation of this perspective. In A Primer on Decision Making, James...