Mind Your Decisions by Presh Talwalkar

How I Saved my Friend 25 Percent in 5 minutes

Thursday, November 15th, 2007

My friend has a home surveillance service that costs him several hundred dollars a year. He has it even though his neighborhood has virtually no crime and someone is almost always inside his house. And the worst part: he rarely turns the alarm on when the house is actually empty. ...

Posted in Saving | No Comments »

Understand Counteroffers Through Game Theory and Three Questions

Tuesday, November 13th, 2007

Every Tuesday is a Game Theory article at Mind Your Decisions. Mahesh asks a great decision problem: I am working at a firm. I get an offer from another firm. I declare my intention to leave. I get a counter offer with very little tangibles and a lot of promises. The promises ...

Posted in Career, Game Theory | 5 Comments »