Granted. A complete consideration—provided you have time to do one—is always going to be more accurate than an off-the-cuff conclusion. I’d call that the “theoretically correct approach”.
The pragmatically correct conclusion would be the situation where the result matters little enough that the off-the-cuff conclusion is sufficient, and thus most cost-effective.
Is that the distinction you wished to draw? Or am I reading something into the parenthetical (theoretically) that isn’t there to be read?
There isn’t really much there. Basically I had a wee little itty bitty tiny epiphany that considering things jointly is not only the theoretically-correct approach, but also successfully dissolves the FAE issue. I agree that like most theoretically-correct approaches its usefulness in practice is limited.
Granted. A complete consideration—provided you have time to do one—is always going to be more accurate than an off-the-cuff conclusion. I’d call that the “theoretically correct approach”.
The pragmatically correct conclusion would be the situation where the result matters little enough that the off-the-cuff conclusion is sufficient, and thus most cost-effective.
Is that the distinction you wished to draw? Or am I reading something into the parenthetical (theoretically) that isn’t there to be read?
There isn’t really much there. Basically I had a wee little itty bitty tiny epiphany that considering things jointly is not only the theoretically-correct approach, but also successfully dissolves the FAE issue. I agree that like most theoretically-correct approaches its usefulness in practice is limited.