cost-benefit analysis

“So, THAT’S How Plumbers Take Notes . . .”

Getting a Main Sewer Colonoscopy Ever want to know how plumbers — or in this case, the contractor checking out a home’s main sewer line — take notes? By writing with a Sharpie pen on a plastic glove. The contractor — Ron the Sewer Rat — has worked for several Buyer clients just this Summer...
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Cost-Benefit Analysis on Wall Street

Goldman Sachs Settles with the SEC Here’s an ethical (and business) dilemma: Would you steal $200,000 if you knew that, if you were caught, the only penalty you faced would be a $5,500 fine? Do the following moral/financial calculation(s) with me. Keep 97% of what you stole. Face no jail time, don’t admit guilt, and...
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"The Prisoner’s Dilemma," Real Estate Edition

Game Theory & Strategic Default Should I stay or should I go now?If I go there will be troubleAnd if I stay it will be doubleSo you gotta let me knowShould I stay or should I go –The Clash, “Should I Stay or Should I Go?” lyrics As more homeowners nationally find themselves “underwater,” i.e.,...
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