Positive vs. Negative Sum Games
If I have an extra cup of coffee, and you have an extra two dollars, we both come out ahead when I agree to sell it to you.
The art of quantifying our world.
If I have an extra cup of coffee, and you have an extra two dollars, we both come out ahead when I agree to sell it to you.
You could, given enough time, transmit the entirety of Beethoven's Symphony No. 5 to someone half a mile away by tossing chickens and goats off a bridge.
The local pizza shop has two specials, and you can choose either two 12" pizzas or one 18" pizza for the same price. Which is the better deal?
When we're designing a system, it's easy to fall into the trap of assuming optimal conditions.
Simpson's paradox is a statistical phenomenon that occurs when a pattern across groups of data disappears when those groups are combined.
A genie appears and offers you a million dollars now, or a sum of money every day for a month, starting with one penny today and doubling the amount you receive every day.