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COVID 19 see Category Archives most recent at top
- Vaccination treatment alternatives
- Lifestyle Recovery reset after pandemic
- Politics not the same online
- Build immunity and limit transmission
- How much Covid risk should we cover?
- Covid infection not just a germ
- Are you stoical about restrictions?
- Governing pandemic by optimism
- Balancing pandemic control
- How will repaying covid-19 affect us?
- Who will pay the bill for Covid-19?
- Is infection like a crime
- Pandemic dynamics not understood
- Maturity could be reduced
- Opinion: Liberty could be reduced
- Deaths by any other name
- Covid 19 Deaths relative to fatalities
- Disease thwarted
- Private and public risks of Covid-19
- Age-restriction of interaction for well-being
- Immunity without vaccines, victims or vectors?
- Helpless patients more likely to die
- Germ wars: immune system strikes back
- Elderly suicide bombers
- Herd immunity at what cost?
- Surveyed the wrong sample.
- Covid-19 analogy of road deaths
- Three Covid-19 treatments
- Covid-19 affects ages differently
- Covid-19 by any other name
- Quarantine was effective in 1918
- Covid-19 for how long is fair?
- Covid-19 causing a paradigm shift online
- Could Covid-19 effect on age at death be small in Australia?
- Time to discount Covid-19
- Loyalty versus Covid-19
- Can parents teach their kids in Covid-19 lockdown?
- Opposing Covid-19 with obedience
- Get used to social isolation
- Will social distancing change us?
TIME TO DISCOUNT COVID19
The focus of news about COVID19 has been on changes overnight, because long term success has seemed uncertain. If you don’t have a way of taking future uncertainty into account in present actions the situation could be worrying. The following ways of dealing with uncertainty are commonly used.
- Trust in God assumes divine intervention. I normally use one of the methods below.
- Hypothesising is guesswork made credible by academic qualifications.
- Forecasting is induction that looks for a pattern or trend in past data. An epidemiological model could help.
- Time discounting or net present value is for investors to compare alternatives of delaying expenditure and advancing recovery, to get a high return.
- Expected value analysis calculates the probability-weighted consequences of possible outturns.
- Cost benefit analysis to consider outcome alternatives.
- Flow or optimal experience is an existential psychological response with individual focussing on a personal goal, applying of skills and totally mentally engaging, becoming oblivious of passing time.
Using one of the above techniques could reduce your worries about COVID19.
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