Define: utility
In economics, utility is a measure of the relative satisfaction from, or desirability of, consumption of various goods and services.
1. You have two peaches in your lunch box.
2. You plan to eat both of them one after the other.
3. One of which is sweet and one of which is not so sweet.
4. But pretend that you didn't know that - you have no idea whether each individual peach is sweet or not.
Question:
By eating which peach first, will you maximize utility?
My personal answer is:
The sweeter peach first.
Because while eating the first sweet peach, i will be thinking about the sweetness of the second peach. Mmm...
And that to me, is value.
Wednesday, March 17, 2010
Sunday, March 7, 2010
The Days After the Chinese Revolution
The movie "The Day After Tomorrow" (2004) was such a success that it was translated into many other languages - with one of the other languages as Chinese.
Here is the poster you would see in Taiwan.
The movie title is translated into "明天過後", which literally means: 'after tomorrow is past', which makes a lot of sense.
----------
And here is the poster you would see in China.
"后天" ??!!
Hahahahahahaha. That's so weak (and funny)!!!
p.s. sorry to those who don't understand Chinese. Also, I don't mean to offend the readers from mainland China (edit: who would be reading this after migrating out of mainland China).
Here is the poster you would see in Taiwan.
The movie title is translated into "明天過後", which literally means: 'after tomorrow is past', which makes a lot of sense.
----------
And here is the poster you would see in China.
"后天" ??!!
Hahahahahahaha. That's so weak (and funny)!!!
p.s. sorry to those who don't understand Chinese. Also, I don't mean to offend the readers from mainland China (edit: who would be reading this after migrating out of mainland China).
Monday, March 1, 2010
Add NT$5 For Bubbles
Two months in Taiwan seemed like a lonnnggggg dream. Alongside with all the people i met. They seemed fictional.
I'll be back.
Subscribe to:
Posts (Atom)