The Business of Life
Make better, more informed and effective personal life decisions by applying business, economy and engineering theories.
How to Shop Based on Utility Theory and Make a Rational Decision?
Are you often feeling the full blow of the Paradox of Choice in your life? Do you put off important decisions because there are simply too many alternatives? I know I do... and one solution is using simple utility theory concepts to compare apples with apples using the framework of our objective needs. (more…)