chicken@lemmy.dbzer0.com to Comic Strips@lemmy.world · 23 days agoSaturday Morning Breakfast Cereal - EVlemmy.dbzer0.comimagemessage-square75fedilinkarrow-up1525arrow-down17file-text
arrow-up1518arrow-down1imageSaturday Morning Breakfast Cereal - EVlemmy.dbzer0.comchicken@lemmy.dbzer0.com to Comic Strips@lemmy.world · 23 days agomessage-square75fedilinkfile-text
minus-squareJackbyDev@programming.devlinkfedilinkEnglisharrow-up40·edit-223 days agoYeah, it’s obviously logarithmic or something. There is diminishing value in money. I think the way you put it makes it very intuitive though.
minus-squareアイス@lemmy.ziplinkfedilinkarrow-up36·23 days agoYes, in financial theory it’s called a “utility function”. Log functions are frequently used to represent risk averse patterns.
Yeah, it’s obviously logarithmic or something. There is diminishing value in money. I think the way you put it makes it very intuitive though.
Yes, in financial theory it’s called a “utility function”. Log functions are frequently used to represent risk averse patterns.