Psychological time

年年齡 3.1.2

If the time rate is kept constant, the increasing rate is kept decreasing.

— Me@2011.08.25

For example, assume that my initial salary is HK$10,000 per month, and the increasing rate is HK$1,000 per month.

Then my salaries are

10,000 –> 11,000 –> 12,000 –> 13,000 –> 14,000 –> …

The corresponding increasing rates, in terms of percentage, are

10% –> 9.09% –> 8.33% –> 7.69% –> …

— Me@2011.08.30

2011.08.30 Tuesday (c) All rights reserved by ACHK

Status quo bias

魔間傳奇 2.5.2

Whenever there are choices, people tend to choose the status quo,

whether they should or not,

for the uncertainty seems to be much less,  and the responsibility seems to be much lower,

although sometimes it is not the case.

— Me@2011.08.30

2011.08.30 Tuesday (c) All rights reserved by ACHK