Or - with other words - optimizing the cost/benefit ratio. On Wed, 4 Aug 1999, Mark Willis wrote: > "MiniMax" - Minimize your expenditures (of energy and time) while > Maximizing your benefits (of health and so forth), is one other name > I've heard for that. AKA "Common Sense" (Which isn't common enough > for my liking.) > > Mark > > root wrote: > > > > I think another approach may be more useful: it is a game-theory approach. > > I use it in the all-day life. The main idea is: I order a value to every > > insure events. The value equals to the probability of the event multiplied > > by the gain or loss resulted by the event. E. g. if I cross a road, I take > > measures not to be hit by a car. Why: because of the value of the event is > > high enough to do this despite of the low probability, due to the very > > high value of the loss. The costs of the counter-measure (look left, then > > right) are lower, than the negative value of the event to be hit, so, the > > decision will be correct. > > > > I hope I could express myself in an understandeable way. > > > > Imre > > > > On Tue, 3 Aug 1999, James Newton wrote: > > > > > Here is a thought: The level of Paranoid delusion in any society is direct ly > > > proportional to the frequency of actual conspiracy's. When conspiracy's > > > exist, they increase the number of Paranoids who survive and reproduce. Wh en > > > they don't exist, paranoia is less useful and Paranoids expend energy that > > > would better be directed to other activities which are more likely to be > > > attractive to a mate. > > > > > > > > > > > > James Newton, webmaster http://get.to/techref > > > jamesnewton@geocities.com > > > 1-619-652-0593 phone > > > > > > > > > > > > -----Original Message----- > > > From: pic microcontroller discussion list > > > [mailto:PICLIST@MITVMA.MIT.EDU]On Behalf Of root > > > Sent: Monday, August 02, 1999 11:09 PM > > > To: PICLIST@MITVMA.MIT.EDU > > > Subject: Re: [OT] Right to Listen - Reversed > > > > > > > > > Hi, > > > > > > the thread begins to remember me to Andy Grove's sentence (he is also from > > > Hungary...): "Only the paranoids survive". > > > > > > Imre > > > > > > > >