chicken@lemmy.dbzer0.com to Comic Strips@lemmy.world · 20 hours agoSaturday Morning Breakfast Cereal - EVlemmy.dbzer0.comimagemessage-square59fedilinkarrow-up1454file-text
arrow-up1454imageSaturday Morning Breakfast Cereal - EVlemmy.dbzer0.comchicken@lemmy.dbzer0.com to Comic Strips@lemmy.world · 20 hours agomessage-square59fedilinkfile-text
minus-squareJackbyDev@programming.devlinkfedilinkEnglisharrow-up34·edit-218 hours 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-up29·17 hours 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.