You are at the casino watching a game of Black Jack, when a player who has a hand of sixteen asks for another card. You quip to yourself “What an idiot! He should have held at 16.” But who’s to say you wouldn’t have done the same? After all, decision...
Diogenes was asked concerning paintings of those who had escaped shipwreck: “Look, you who think the gods have no care of human things, what do you say to so many persons preserved from death by their especial favor?”, to which Diogenes replied: “Why, I say that their pictures are not...
In many situations, people make estimates by starting from an initial value that is adjusted to yield the final answer. The initial value, or starting point, may be suggested by the formulation of the problem, or it may be the result of a partial computation. In either case, adjustments...
