Thursday, September 24, 2009

Unemployment Game Theory

So I'm unemployed and I've been looking at a couple of small contract jobs to earn some money while the hunt for more stable re-employment continues.

This is small-time work, nothing compared to my original salary, or even compared to my current unemployment benefits. In fact, my unemployment benefits will be reduced by 75% of the amount of my side-job earnings. So, if I do $400 worth of work, I end up $100 richer... and then I pay taxes on the $100 I've got left.

So my choice here is 1) spend some time working to earn a small amount money, or 2) spend my time playing video games or hanging out at the beach and end up with almost as much unearned money.

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