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miete ("thought") + lause ("phrase")

count: 2

filter: tag = utility clear


Against the Gods (Peter L. Bernstein)


The utility resulting from any small increase in wealth will be inversely proportionate to the quantity of goods previously possessed.
page: 105
tags: utility gain

Utility is inversely proportionate to the quantity of goods possessed. The utility gain of wealth increase will be less than the utility loss of a wealth decrease of the same amount.
page: 112
tags: utility