luck after utility is satiated

• Response to [Optimizing the allocation of time for learning Facebook

• tokoroten >I feel much differently about this, it is still Winner take all (WTA), and becoming a Winner involves luck, so you can get on stage when your utility is satiated, and from there on out you become a Winner by luck. It is like having many sachi axes, the combination of sachi axes will be evaluated by luck.

  • The model of luck after utility is satiated is seen in Oikonomia’s “Economics: Is Life Luck or Effort?” in Oikonomia.
  • The bottom line is probably “Successful people make (by) chance their ally.”
    • Why do successful people make luck their friend? Economics Reveals the Importance of Luck
    • see Successful people make chance their friend.

• tokoroten> To be honest, I don’t have much skill, so it’s multi-skill + luck.

  • Niche Contingent Expansion Strategy] from Niche Top Strategy for Cross-fertilization with multi-skills

• Luck, after the axis is satiated, is the only way to go. - [A model where only the top players in the market get utility.

  • However, this graph is ambiguous in that the vertical axis is utility
  • I think there is an S-shape relationship between time invested and skills, with requirements such as WTA and cross-fertilization to price knowledge workers in the market.

utilityluck

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