posted 2010-10-19T15:29:00Z (apropos 2010-10-16).
marco chiani shows how to allocate time among tasks using a "water-filling" analogy, assuming logarithmic utility in both aptitude and time spent.
Abstract: We discuss the allocation of finite resources in the presence of a logarithmic diminishing return law, in analogy to some results from Information Theory. To exemplify the problem we assume that the proposed logarithmic law is applied to the problem of how to spend our time.
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