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Decision Theory: Value in Time

2 Lu93 27 July 2014 10:01AM

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:

  • How much is worth 100$ in few years? Why? Why is it useful?
  • Risk-return relationship.
  • How is it useful in life outside finance?

 

And topic I would like, but I am not sure if i should cover:

  • How can we apply it to death? (in sense, should I live a happy life or struggle to live endlessly?)

 

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.