Sunday, October 19, 2008

Calculating Anecdotal Value

I suppose it's time that I stop writing anecdotes about my various bad dates and start actually trying to quantify the value of anecdotes generally. Nobody's really done it yet.

Maybe a formula would help. I propose this, to start: Av = QbCx - C(x-1)
where Av = Anecdotal Value
Qb = Quantified benefit (say the price of a dinner bought for you)
Cx = Circulation (number of times you tell the story successfully)
C (x-1) = the number past which you didn't get any benefit from telling the story.
In other words, Anecdotal value is the benefit times the number of times you can tell the story before it starts having negative value.

Hm. I'm not sure this makes any sense but it's a start....

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