Items of Interest

Deep Water or Big Wave Problem

More platinum wisdom was delivered by Seth Godin in his blog this week when he talks about the perception of problems. If you are dealing with a deep water problem, like swimming in a deeper pool than normal, the effort needed to swim is the same as in a shallow pool. The same effort just a bigger landscape. However, if you usually surf 6 foot waves and try to surf 25 foot waves, a huge additional effort is needed in a similar landscape. Learning to tell the difference is important! :-)

The Prisoner's Dilemma in Real Life

The Prisoner's Dilemma is a game theory scenario created by Merrill Flood and Melvin Dresher in 1950. Two criminals are imprisoned in isolation and taken to court. There is only enough evidence to convict them on a 1 year charge, however they both have evidence that will result in greater charges. If they both remain silent, they both serve 1 year in prison. If they both betray eachother, they both serve 2 years in prison.

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