Is the value of an action determined from the recipient or the giver? Using the example of telling someone their trunk is open, your cost in the action is 60 seconds and the benefit to them was… what? I suppose that would depend on the rest of the context. (Was it about to rain? Valuables in the car?) The example with the lawyer has more numbers available but the starting point of “worth” needs to be determined before the correct action can be determined.
This is only slightly relevant to this post, however. If warm fuzzies are the desired benefit, the cost/benefit ratio can completely ignore the recipient. (Technically, you are the recipient?) The same goes for status.
It’s determined from the giver. The giver is implied to be altruistic, so the value is something along the lines of the net happiness the action brings.
Is the value of an action determined from the recipient or the giver? Using the example of telling someone their trunk is open, your cost in the action is 60 seconds and the benefit to them was… what? I suppose that would depend on the rest of the context. (Was it about to rain? Valuables in the car?) The example with the lawyer has more numbers available but the starting point of “worth” needs to be determined before the correct action can be determined.
This is only slightly relevant to this post, however. If warm fuzzies are the desired benefit, the cost/benefit ratio can completely ignore the recipient. (Technically, you are the recipient?) The same goes for status.
It’s determined from the giver. The giver is implied to be altruistic, so the value is something along the lines of the net happiness the action brings.