Sunday, September 23, 2007

An economic perspective...

Let there be 2 goods. Time spent alone and time spent with you.

Let there be 2 agents. Me and you.

Is it possible to find a Pareto efficient outcome that will make both of us happy? Who would the results skew to?

We want to max our utilty subject to the time constraint.

max u(time alone, time spent wth you) s.t. t = 24 x 7

The question remains. What does our individual utility function look like?

2 comments:

harpist said...

oh my goodness.

you do mrs chua proud.

was lovely time meeting up with you and crys and sharing fears, doubts, aspirations, and alot of soul searching talk that on a daily basis we just don't get from those who are not kindred spirits.

HungryGoon said...

haha, yes Anne Shirley!

pray that our friendship will be for life!