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https://en.wikipedia.org/wiki/Secretary_problem https://en.wikipedia.org/wiki/Secretary_problem Evaluating each chance to use one specific favor, based on your
by RhysU 3y ago
https://en.wikipedia.org/wiki/Secretary_problem https://en.wikipedia.org/wiki/Secretary_problem
Evaluating each chance to use one specific favor, based on your perceived need for it at one moment and its potential outcome, feels equivalent to interviewing one job applicant in this classical problem.
Collecting favors then doling them out rationally is rational.
Being a favor doomsday prepper with an ever-growing favor stockpile is not.
- rokkitmensch 3y agoPeople also love discharging their debts, so you accrue intangible goodwill by liquidating those assets.
- KRAKRISMOTT 3y agoThat is under the assumption of optimal control i.e. parametrized by the Bellman equation. In real life (for a normal individual and not e.g. a high net worth person or corporation) if you hit a non optimal scenario, your life is over and you are trapped in a local minima.