Plots out-of subjective better-are facing earnings when you look at the bucks invariably produce a highly concave form
Plots out-of subjective better-are facing earnings when you look at the bucks invariably produce a highly concave form Even when concavity is actually entailed by psychophysics regarding decimal proportions, it tend to has been cited as evidence that folks derive absolutely nothing or no psychological benefit from money beyond specific endurance. In accordance with Weber’s Rules, [...]