Tag: money

  • Perception of Value

    On my previous post, I presented the “Trolley Problem”. Some people would have bigger “Market Values” than others, however if given a choice of saving either a multi-million dollar net-worth person or you own child there is a certain bias toward “your own”. Funny how numbers loses its value when presented against an emotional choice.

    This is further emphasized with certain things like TCG (trading card games), considering the fact that cards in itself only has the value of the “art”, “rarity” and usefulness in the card game context. It could be considered card with fancy art. Don’t get me wrong, I have played and I still have certain cards like Magic the Gathering, so the fun factor in is not lost on me. Just trying to stir up your thoughts on the topic at hand.

    While I was trying to think of more ideas, it also occurred to me how things loses its worth depending on the situation and time. Given that if a person is in a war situation and food supply is scarce, food would probably have more value. In this situation preservation of life is more important than perceived value. As I was thinking about this it occurred to me that I had a discussion with my mom about fasting and how long a human body can live without food.

    Just food for thought I guess, hoping that somehow it fuels the imagination and reaches deep inside.