USA Facts – Federal, state, and local data from government sources

Re:USA Facts – Federal, state, and local data from governmen... by hackuser on Tuesday April 18, 2017 @08:01PM (#14144261)

Thanks.

> It's generally accepted that the value of money is roughly logarithmic as it increases

I assume that is economic theory; do you remember whose or have any pointers to where I can read more?

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Re:USA Facts – Federal, state, and local data from governmen... by tunesmith on Wednesday April 19, 2017 @03:08PM (#14150763)

I think it was Bernoulli that first talked about the logarithmic relationship of utility and value. That was back in the 1700's. I believe there have also been empirical studies that suggest that it holds up in experiments, etc.

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