Enjoyment Value
Rain
Everyone, Registered Users Posts: 8,761
Ok, this is a random thought and may be the most crazy thing I've posted...which is saying something since I've posted pics of women with hairy pits. What brought this up was me thinking that I can buy a $60 game and finish it in three days, while I've been reading a $7 book for three weeks.. Anywho...I wonder if we can put a numerical value on things that provide us enjoyment. For instance, if I buy a $5 book and read it for one week, then does that provide more or less enjoyment then a $1,000 TV that I watch for three years? To keep it simple, I guess we would not break up in to hours how much each item was used. We have two numbers for each item (Item and Days)...so what formula do we want to use?
Comments
If a $7 book that you read in a week delivers knowledge, perspective, insights and somehow changes your life, isn't a better "value" than a $1,000 TV you spend 10 years on watching reality shows and FOX News (sorry cheap shot! ).
Ultimately, it depends on your personal definition of these terms. A $10 cigar may be very enjoyable (as may a $2 cigar), but what "value" does it bring to your life? Are you a better, smarter, more mature person because of it (maybe so). If you're religious, wouldn't a $3 Bible or Koran deliver far more greater spirit-enhancing value than a $60 shoot-em-up video game, even if you spent far more hours playing the game than reading the book?
It's all totally subjective. If and when the missiles launch, that box of 20-year old dried food rations you picked up at Costo ;ast year will be far more "valuable" than all your wife's gold jewelry.
Maybe I'm missing the point of the thread. I probably am.
this is where the person to person comparison stops. You now get to each person's "preferences" (economists measure it in "utility") The absolute number does not matter as much as the ranking of preferences. I.e. I get 1, 000 units of enjoyment out of a cigar and 500 out of a pipe. So do I like a cigar twice as much? Not necessarily.
e = Enjoyment Rating Single Day (0-10 scale)
d = Days actually used
t = Total time owned
{(e1+e2+e3+...)/d}t = Enjoyment Rating
That's all I have.
{(e1+e2+e3+...)d}/t = Enjoyment Rating
Should have been multipled by days used and divided by total time owned.
{[(e1+e2+e3+...)d]/t}/10 = Enjoyment Rating
Very thought-provoking post, though. And a tremendous pretext for bumping the hairy armpit picture! :^)
****Note. Days which you do not use the product will be included as an e = 0.
E=mc2
Enjoyment = Money times Cigars squared
I hope so. If so mine are super valuable.
Why do I feel like I'm getting ripped off? LOL!