In Kevin Young's poetry "Rewards" it happened in the age of slavery. Among young people, Yang wrote a story from the position of a slave owner and his slave escaped. A slave owner wants to find his slave and reward it with "goods" to make him lively. Furthermore, anyone who has slaves will be punished by the death penalty. Yes, this is the situation that happened more than 100 years ago. I actually write this article because African-Americans do not forget the starting point, but this is the work of a collective poet in most dark room.
Opportunity cost is one of my favorite concepts. It is applied endlessly because it is always a good problem. Opportunity cost, or one that does not do anything else, is part of the risk / reward analysis, but it is rarely used in these terms. The important thing is to do your own thing. I will show you an example of the opportunity cost I am paying now. One of my dreams is to write novels, especially interactive novels, extend interactive storytelling to audio, video, and ultimately face to face experiences. Now I am not pursuing this dream (my website is not active). This accounts for the majority of the total opportunity cost of my career as a non-fiction writer This is the fee I intend to pay to see where I can go as a non-fiction writer.
Efficiency All business needs to judge the cost in relation to the compensation. Analysis usually resolves and challenges this fact. Many analyzes are modeling and calculating ROI, opportunity cost and efficiency. However, it is not usually easy to apply itself. This is a possibility or investment game that you can develop as a transaction fee. As I said, this is a simple dream. I have a smell when I try it. Unfortunately, this dream is a completely different place, not the place where most companies today live. This is the place for more smiles, less work, and relaxation. Every company has a place. A simple adaptive learning tool that evaluates applications, transparency, and efficiency
Risk and return analysis is an important part of decision making. Attempts to create expressions and responses to risk situations are closely related to orbital cortex. According to a survey, the risk analysis of drivers who directly operated for 12 hours revealed that they are willing to carry out dangerous operations and that they do not want to drive cautiously in any form. Several studies further clarified this phenomenon. In one study, an actual decision-making program, including selecting a card from one of the four decks was used. Different cards are considered as rewards while others are being fined. Those who were not sleepy could not change the selection method and continued to select cards from decks that produced a lot of high quality cards but to change the selection strategies through cost benefit analysis based on the monitoring results I made it.