In economics we talk about the time preferences of humans when it comes to spending. Someone with a high time preference prefers consumption today (spending money for example), ahead of consumption in the future. Someone with a low time preference will place more value on future consumption than the present. Unsurprisingly, most people have a… Continue reading Relationships: Let the winners run, and cut the losses.
Tomorrow is the first day of my divorce negotiations. We have engaged with a mediator as opposed to taking the adversarial approach. We’ve already discussed much of the detail, and have come to some broad agreements as to what we both see as reasonable. The biggest conflict is likely to be around the medical situation.… Continue reading Divorce negotiations