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05-10-2009, 03:28 PM
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#1
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Even when im right, revscene.net is still right!
Join Date: Dec 2008
Location: Richmond
Posts: 1,360
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A working formula for decision making (buy this or not buy)
We are bad at making decisions. According to science, our decisions are based on oversimplification, laziness and prejudice. And that's assuming that we haven't already been hijacked by our surroundings or led astray by our subconscious. We often allow emotions take control of decision making and disable our logic.
Here is a formula used to decide whether or not you should buy something:
http://www.bbc.co.uk/sn/tvradio/prog...ions/buy.shtml
....[BBC Horizon Documentary] - How to make Better Decisions, good watch 
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05-10-2009, 04:17 PM
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#2
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Banned By Establishment
Join Date: Aug 2005
Location: Burnaby
Posts: 2
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I actually watched the documentary on a BBC stream, it's pretty interesting stuff. But once again, something im sure a lot of people know is that we bias everything
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05-10-2009, 11:26 PM
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#3
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I contribute to threads in the offtopic forum
Join Date: Dec 2003
Location: Vancouver
Posts: 2,629
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^^ That formula is retarded. Apparently if you have a half-decent job and more than a few grand saved up, pretty much anything is a "buy". 
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05-11-2009, 04:13 AM
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#4
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Banned (ABWS)?
Join Date: Oct 2004
Location: Vancouver
Posts: 19,493
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I thought this was gonna be a flow chart or something.
Not some site you input data into.
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05-11-2009, 05:02 AM
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#5
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Even when im right, revscene.net is still right!
Join Date: Dec 2008
Location: Richmond
Posts: 1,360
Thanked 659 Times in 201 Posts
Failed 93 Times in 31 Posts
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Quote:
Originally Posted by slammer111
^^ That formula is retarded. Apparently if you have a half-decent job and more than a few grand saved up, pretty much anything is a "buy". |
...lol. After a few more experiments, it does seem like the formula is flawed. There is also consideration of "how much you personally think this itemis worth" data missing from the equation.
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05-11-2009, 08:10 PM
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#6
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OMGWTFBBQ is a common word I say everyday
Join Date: Apr 2001
Location: Vancouver, BC
Posts: 5,066
Thanked 180 Times in 96 Posts
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I punched in numbers to buy another car, it told me not to. I think it works just fine, lol.
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