Ok, this thing is harder then it looked. Writing demands time and concentration, and I am not sure if i can explain things as good as they were explained to me.
I am absolutely sure it would be highly beneficial for people to understand basics of economics and finance, but I think I am not the right person to do this. So, I give up, and I will just recommend some literature/video lessons. I think i saw some book list on this forum, so, if you want to hear more about this stuff, head there.
Summary: Is there demand for writing posts about this aspect of decision-making?
And of course, is there offer? Because I didn't see any post about it.
Topics I intended to cover include:
And topic I would like, but I am not sure if i should cover:
I found that missing in decision analysis, and I think it is very important thing to know, since we don't always choose between "I take A" or "I take B", but also between "I take A" or "I take B in two years", or "should i give A to gain B every year next 100 years?"
Why not simply redirect to some other source?
Well, that can be done either way, but I thought clear basics would not harm and would be useful to people who want to invest less time in it.