"Is It Worth Being a Prepper? A Lighthearted Cost-Benefit Analysis"

In this calculation, we aim to determine if it makes sense to be a prepper by performing a cost-benefit analysis. The calculation takes into account the subjective value of life as a prepper and a non-prepper, as well as the estimated probability of a disaster occurring.

The equation used in the calculation is as follows:

Value of being a Prepper (VP) = (Value of Life as a Prepper if Nothing Happens (VLN) * (1 - Probability of Disaster (PD))) + (Value of Life as a Prepper if Something Happens (VLS) * Probability of Disaster (PD))

Value of Life as a Non-Prepper (VNP) = Value of Life as a Non-Prepper if Nothing Happens (VLNN) * (1 - Probability of Disaster (PD)) + Value of Life as a Non-Prepper if Something Happens (VLNS) * Probability of Disaster (PD)

In this calculation, the probability of disaster (PD) is expressed as a decimal between 0 and 1, representing the estimated chance of a disaster occurring. The value of life as a prepper if no disaster occurs (VLN) and the value of life as a prepper if a disaster does occur (VLS) are rated on a scale of 1-10, taking into account factors such as peace of mind, self-sufficiency, and the satisfaction of being prepared. The value of life as a non-prepper if no disaster occurs (VLNN) and the value of life as a non-prepper if a disaster does occur (VLNS) are also rated on a scale of 1-10.

For the purposes of this calculation, we assigned the following values to the variables:

PD = 0.01 (1% chance of a disaster occurring)

VLN = 5 (value of life as a prepper if no disaster occurs is rated 5 on a scale of 1-10)

VLS = 3 (value of life as a prepper if a disaster does occur is rated 3 on a scale of 1-10)

VLNN = 6 (value of life as a non-prepper if no disaster occurs is rated 6 on a scale of 1-10)

VLNS = 0 (value of life as a non-prepper if a disaster does occur is rated 0 on a scale of 1-10)

The outcome of the calculation is as follows:

Value of being a Prepper (VP) = (5 * (1 - 0.01)) + (3 * 0.01) = 4.95 + 0.03 = 4.98

Value of Life as a Non-Prepper (VNP) = (6 * (1 - 0.01)) + (0 * 0.01) = 5.94 + 0 = 5.94

Based on these calculations, the value of life as a non-prepper is higher compared to the value of life as a prepper. However, it is important to note that these values are subjective and may vary greatly depending on the individual's personal beliefs and experiences. This calculation is meant to be taken with a grain of salt and serves only as a lighthearted illustration of the cost-benefit analysis of being a prepper. This has been a collaboration between bortlip and chatGPT.