The circle of competence model states that everyone has an area, or circle, of expertise. However, the circle of objective competence may be surrounded by
Nash equilibrium is a concept in game theory in which every participant in a non-cooperative game can optimize their outcome based on the other players’
The basic methods for risk management – avoidance, retention, sharing, transferring, and loss prevention and reduction – can apply to all facets of an individual’s life
The tightrope between satisfaction and ambition is tricky. Often, the promise of a better tomorrow overrides the satisfaction of today; it’s very easy to