Patterns Of Trade - Deepstash
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Patterns Of Trade

Patterns Of Trade

Efficient frontiers reveal a general pattern. When you’re below the frontier, you can always improve simply by optimizing your choice. You can make a better choice by just pick an option that has more of what you want.

When you’re on the frontier, however, the only way to make the situation better is by deliberately making something else worse.

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Getting Better Without Getting Worse

Getting Better Without Getting Worse

In an economy, Pareto Optimal state when no further changes in the economy can make one person better off without at the same time making another worse off. Named after Italian economist Vilfredo Pareto , the idea simply refers ...

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674 reads

Innovating Changes

Innovating Changes

In engineering, new inventions promise faster and safer cars than what exist today. The frontier can shift.

In your work, there’s always the possibility of radical changes that might break the current frontier. Maybe you find a technique that lets you get much more...

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Are You On The Edge?

Are You On The Edge?

If you're on the frontier, here are a few guidelines

  • You’ve read and applied a lot of productivity advice, yoyre closer to the frontier and one who doesn’t even keep a to-do list is probably far from it.
  • When you look in your schedule, there aren’t a lo...

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317 reads

Optimize Options

Optimize Options

If you're far from edge, optimize. Treat each element in isolation and improve it.Want to improve your work? Just reorganize and get more done!

If you're on the productive frontier, improvement comes from trade-offs. Would you rather have a clean house or m...

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309 reads

Comparing Trades

Comparing Trades

How should you compare these three designs?

The third option is obviously worse than the first two - it's slow and dangerous. But between the other two is a question of values. Maybe a race car driver would prefer faster at the cost of some safety. Maybe the soccer mom wants safe...

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Efficiency Frontier

Efficiency Frontier

What if there are more designs than the presented three? Such possibilities exist in some situations, surely with habits and situations. Here, putting them all on a graph, we can see that any of the ones on the inside of the frontier are bad choices.

Why?

Because there’s alwa...

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517 reads

Productivity Frontier

Productivity Frontier

Let's say you plot all your schedules and leisures in a graph, it shows all your productive possibilities, time allotment, and situations of good work and sudden work.

Now, is your situation is Pareto efficient?

If we’re below the frontier, improvements is needed. We...

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406 reads

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vinamra_

Neuropsychology and Employees |Understanding passions and habits

We all want to do everything, and feel guilty when we miss out on some. But..

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Mapping Efficiency Frontiers

Mapping Efficiency Frontiers

Taking efficiency further, one can consider lots of designs. By putting them all on a graph, we can notice that the ones inside of the frontier are inefficient choices.

Efficient frontiers will show a general pattern.

  • Below the fronti...

Using the Pareto efficiency on your working life

When you put all the possible working schedules, habits and systems on a graph, the graph will show all your productive possibilities.

  • If we're below the frontier, we can make more improvements without facing trade-offs. We might choose to work less while keeping ou...

Changing your environment=the most powerful way to change your behavior

Changing your environment=the most powerful way to change your behavior

In a normal situation, you might choose to eat a cookie rather than eat vegetables. What if the cookie wasn’t there to begin with? It is much easier to make the right choice if you’re surrounded by better choices. Remove the distractions from your environment and create a space with better choice...

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