Archive for May, 2008
Friday, May 30th, 2008
This is certainly one for the law of unintended consequences.
I mentioned the idea of auctioning myself for a charity in my article on revenue equivalence to make the narration interesting. Well, lo and behold, this article has turned out to be interesting in a completely different way.
The article ...
Posted in Auctions, Game Theory, Tangents | 5 Comments »
Thursday, May 29th, 2008
image source: Rubyran via flickr
In many ways, following a budget is like adhering to a portion controlled diet. In both cases, you create elaborate plans to limit unhealthy consumption. If you mess up, as you are likely to do, you can compensate the next day or week by ...
Posted in Leisure Tips, Rich, Food, Track Money, Don't Budget, Saving, Risk, Motivation | 2 Comments »
Tuesday, May 27th, 2008
Every Tuesday is a Game Theory article at Mind Your Decisions
Being reasonable doesn’t work
“And how will you be paying today?” the pizza cashier asked me. I hesitated before I answered. I was being asked to pay full price, even though the store caused a 30 minute delay by ...
Posted in Business, Life, Threats, Career, Game Theory, Banks, Motivation | 6 Comments »
Friday, May 23rd, 2008
The consulting grind encouraged my night owl tendencies. When I retired to my quarters, I found myself snacking on delicious and fattening restaurant leftovers. I was new to the job, but I quickly understood the saying “fat consultant.”
While I still work late at night, I’ve drastically improved my ...
Posted in Food, Leisure Tips, Career, Saving, Tangents | 2 Comments »
Thursday, May 22nd, 2008
What is inflation?
Inflation refers to an increase in the average price level in the economy. One way economists measure inflation is by tracking the price of an “average basket” of goods in the economy. The most common inflation index is the Consumer Price Index.
It’s important to remember that ...
Posted in Risk, Investing, Saving, Banks | No Comments »
