apophenia comments on How to make your intuitions cost-sensitive - Less Wrong

21 Post author: apophenia 08 February 2011 09:59AM

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Comment author: fr00t 10 February 2011 07:14:22PM *  2 points [-]

Surely some people can better apply intuition to regular numbers? I actually just tried this graphing method and it didn't do anything for me at all. I actually caught myself trying to divide the ratio of area back into numbers.

I've never needed more than a text document for working these things out... and only if there is more information than I can keep track of in my head. For example, if I'm considering purchasing a $100 pair of jeans I might weigh the value against, say, 13 ribeyes, or opportunity cost of 5 hours at work.

I also keep a loose running estimate of expenditures to ensure I have a surplus over any period longer than a few weeks.

Comment author: apophenia 11 February 2011 09:47:45PM 0 points [-]

Oh. Well, I guess I was wrong. Having two methods is still a good idea, since some people can't. In fact, I'd be almost certain that there's still lots of people neither method will work for.