A Quote by Dan Ariely

The problem with opportunity cost is that opportunity cost is divided among many, many things. — © Dan Ariely
The problem with opportunity cost is that opportunity cost is divided among many, many things.
I first started in tech when one of my friends and I decided it was a good opportunity to start a company while we were in school because we had almost no opportunity cost. Our opportunity cost was playing 'World of Warcraft' and drinking beer. We thought it was a good time to try something.
After nearly making a terrible mistake not buying See's, we've made this mistake many times. We are apparently slow learners. These opportunity costs don't show up on financial statements, but have cost us many billions.
At What Cost' means so many things: go-gos were shut down for our good, but at what cost?
Everything has an opportunity cost, and the big things we want in life - like happiness and healthy relationships and wealth - they all have big opportunity costs.
Features have a specification cost, a design cost, and a development cost. There is a testing cost and a reliability cost. ... Features have a documentation cost. Every feature adds pages to the manual increasing training costs.
I used to say, ‘Things cost too much.’ Then my teacher straightened me out on that by saying, ‘The problem isn’t that things cost too much. The problem is that you can’t afford it.’ That’s when I finally understood that the problem wasn’t ‘it’-the problem was ‘me.’
Blockchain technology represents a generational opportunity to mutualize database infrastructure across entities within financial services. What that translates into is an enormous cost-saving, risk-reducing, and capital-enhancing opportunity.
The first thing I control is the cost by not shooting for many days. It is not control, but somebody has to drive the whole thing. If I shoot unnecessary things, it will raise cost.
The reason so many people do not pray is because of its cost. The cost is not so much in the sweat of agonizing supplication as in the daily fidelity to the life of prayer.
In the end, robots do things that people can do. So there is a cost above which you can hire somebody to do it, and that bounds the opportunity.
The lack of opportunity is ever the excuse of a weak, vacillating mind. Opportunities! Every life is full of them. Every newspaper article is an opportunity. Every client is an opportunity. Every sermon is an opportunity. Every business transaction is an opportunity, an opportunity to be polite, an opportunity to be manly, an opportunity to be honest, an opportunity to make friends.
The Internet is the first technology since the printing press which could lower the cost of a great education and, in doing so, make that cost-benefit analysis much easier for most students. It could allow American schools to service twice as many students as they do now, and in ways that are both effective and cost-effective.
The cost of the vaccine is truly minuscule when you think about the benefits you're getting from an opportunity-cost standpoint. If you're going to miss several days of work - and you will - with high fevers, body aches, nausea, and vomiting... you're going to be losing out on a lot more money and productivity if you don't get the flu shot.
There’s an opportunity cost to everything.
A focus on regulatory overreach, things that the benefit doesn't outweigh the cost, is probably the single greatest opportunity we have for having a positive impact on job creation.
Every breakthrough business idea begins with solving a common problem. The bigger the problem, the bigger the opportunity. I discovered a big one when I took apart an IBM PC. I made two interesting discoveries: The components were all manufactured by other companies, and the system that retailed for $3,000 cost about $600 in parts.
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