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Thaddea Thompson

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When is it time to quit? And how does one know?

My class was discussing this topic. And while I may sound like a fool I don't think anyone should ever give up.

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  • Apr 1 2013: Okay, let's hypothesize you are investing effort X into an activity with a positive outcome Y. Expending effort X will produce a probability of Y. Let's assume that X and Y can be measured in the same unit (call it personal value). So if X = 1 and Y = 100 the tipping point for P is 1%. Let's use a real world example. You are applying CPR. The effort of spending time pumping on someones chest we will call 1 and the value of saving a life we will call 1,000,000. This means you should continue to apply CPR until there is only a 0.00001% that your efforts will revitalize the person. The calculation is simple so the trick is in analyzing the values of X, Y, and P. Since the notion of personal integrity and never giving up can be added to Y you can have people who don't believe in quitting, but I reckon none of those people would be applying CPR to a rotting body so they are really just loading in extra value to Y.

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