chicken@lemmy.dbzer0.com to Comic Strips@lemmy.world · 2 months agoSaturday Morning Breakfast Cereal - EVlemmy.dbzer0.comimagemessage-square75linkfedilinkarrow-up1525arrow-down17file-text
arrow-up1518arrow-down1imageSaturday Morning Breakfast Cereal - EVlemmy.dbzer0.comchicken@lemmy.dbzer0.com to Comic Strips@lemmy.world · 2 months agomessage-square75linkfedilinkfile-text
minus-squareJackbyDev@programming.devlinkfedilinkEnglisharrow-up42·2 months 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-up37·2 months 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.