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I will lead this presentation toward some general results, eventually. What I and you as the person in this model problem asking what should I do about climate change? have to do is to decide: what am I going to commit myself to, both in my personal life and in any social and political activism I may engage in?What is unknown is whether our society will remain in its current capitalist format or transition into socialism because of the force of geophysical and sociological pressures. Let the quantity p designate the probability that socialism will arise in the historical near future in time to organize American societys response to climate change. The quantity p is a number between 0 and 1. Thus, the probability that capitalism will remain the societal paradigm is the quantity 1 p. Given my desirabilities D1, D2, D3, D4 for the four potential outcomes BBandGC, GND, CLC, ECS, and the probability, p, of uncertain magnitude between 0 and 1 for a socialist transformation, how would I nevertheless quantify my expectations or utility values regarding my two possible courses of action: committing to economic growth or committing to economic contraction?As follows. Given my subjectively quantified desirabilities D1, D2, D3, D4 for the four potential societal outcomes, along with the as yet unknown probability p for a near term socialist transformation, the utility value or expectation a quantification of my potential satisfaction or dissatisfaction for committing to economic growth isWhile I can pick desirabilities out of my own subjective preferences, feelings and biases, I can only guess or guesstimate at what p might be. So, making such a guesstimate, I can then actually calculate a numerical value for each of Eg and Er. Comparing these, I would then choose to act according to whichever expectation quantity had the higher value. This is Bayesian decision making, you choose the action that is subjectively of higher value to you, given your estimate of the probabilities of the uncertainties. 5 would have utility values ofBut not everybody is so lopsided in their preferences.
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Sometimes it will not be possible to streamline and become more efficient, but you need to tackle this with a can do attitude. Challenge yourself to experiment with new ways of doing things. If you have to work within a tightly constrained budget, this may not allow you to be as efficient as you otherwise could, but nevertheless, analyse everything. Take cleaning the house as an example. How much time do you spend?Do you absolutely need to repeat a certain process daily or would you be better served by allocating more time for a really thorough cleanup on one day and much less time on some of the others?If youre a manic cleaner, try going on a cleaning diet for a few days and see if the World really does fall apart without the bathroom being cleaned daily!Of course you shouldnt cut corners when it comes to eating healthily, but eating healthily doesnt mean slaving away over a hot stove for hours. Introduce fresh vegetables or fruits more often, scoring in terms of diet and less preparation. Take the cook once eat twice challenge, looking for recipes that you can double up on and either eat on two days running or freeze. How much time could you save if you cooked only 4 times per week instead of 7 and what could you do with that cook free time that youve saved?Remember that certain things are not optional. Getting enough sleep and exercise is essential; think of it as paying into your health bank account youll see compound benefits very quickly in your resilience, your health and your self confidence . Simply by concentrating on exercise routine you can often get more energy, promoting greater efficiency during your working day. Amanda Alexander is the Managing Director of Coaching Mums.