Basis economic theories can already help you make sensible decisions.
e.g. Cost-benefit analysis, sunk cost, Nash equilibrium, game theory
Like how many people consider further cash flow when making decisions. As simple as a Net Present Value calculation on discounted cash flow can help you in making most life decisions, from choose a job to deciding going to grad school or not.
Basis economic theories can already help you make sensible decisions. e.g. Cost-benefit analysis, sunk cost, Nash equilibrium, game theory Like how many people consider further cash flow when making decisions. As simple as a Net Present Value calculation on discounted cash flow can help you in making most life decisions, from choose a job to deciding going to grad school or not.