Decision Theory: Value in Time
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.
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