Life is all about decisions, whether they relate to your work, business or personal life. Often ignored is the interplay between all these areas, and the fact that a little interdisciplinary thinking can go a long way.
This might sound obtuse, but many important decisions can be made easier by thinking simply, and a bit differently. Before we do, a note about value and utility. Business is about creating value. Our personal lives, according to economists, is about maximizing our personal utility.
Where utility is simply a measure of the …