In theory, if you could define all the factors that go into making a decision and could define exactly how important is each of these factors, and could define how these factors interact, you could make an equation that precisely solves any decision. Of course, to be perfect, this equation would have to be tweaked and amended to include the variables that are relevant to each person making the decision, and the framework of the equation would have to reflect their personal value systems, etc.
What a pain in the neck!
It's much easier (and funnier!) just to wink at the problem and shoot to mimic common sense as closely as possible with a minimum of variables. So that's what I try to do with these equations: match common sense, and hopefully provide a laugh.