alt Hacker NewsWhere does money land on that proverb?
Meaning people have very short term memories when some sort of financial incentive is inserted.
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balamatom • yesterday at 10:53 AM
Well, ask yourself where'd it get the horse
Where does money land on that proverb?
Meaning people have very short term memories when some sort of financial incentive is inserted.
Well, ask yourself where'd it get the horse
Trust is something you can give a price to.
The higher the risk of e.g. a loan, the more interest it has to pay out to be worthwhile. The exact amount* is, as I understand it, governed by the Black–Scholes model.
* probably with some spherical-cows-in-a-vacuum assumptions given how the misuse of this model was a factor in the global financial crisis.