2009-10-13

Discount Factor

After I interact with someone for sometime, I subconsciously apply a discount factor to what the other person says - how much of what that person says do I believe?

Needless to say, if the discount factor is high, then (a) the other person has successfully managed to convince me that he is many times off the truth; (b) trust is lost and that relationship is going nowhere.

2 comments:

ankur said...

Might be a brilliant idea to create a social networking concept around this...!!! Think about it...people feeding in the discount factors of people...across verticals. So you might have a low discount factor when it comes to banking, but a high one when it comes to kuchipudi..!! :)

Hope you are doing well

itheabsolute said...

Hi Ankur

Hmmm...looks interesting. you can use this idea, but don't forget to pay me royalty :-)

life is good. sure, you are enjoying it as well.

2009-10-13

Discount Factor

After I interact with someone for sometime, I subconsciously apply a discount factor to what the other person says - how much of what that person says do I believe?

Needless to say, if the discount factor is high, then (a) the other person has successfully managed to convince me that he is many times off the truth; (b) trust is lost and that relationship is going nowhere.

2 comments:

ankur said...

Might be a brilliant idea to create a social networking concept around this...!!! Think about it...people feeding in the discount factors of people...across verticals. So you might have a low discount factor when it comes to banking, but a high one when it comes to kuchipudi..!! :)

Hope you are doing well

itheabsolute said...

Hi Ankur

Hmmm...looks interesting. you can use this idea, but don't forget to pay me royalty :-)

life is good. sure, you are enjoying it as well.