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# Topic: Diminishing returns

###### In the News (Mon 21 Jan 19)

 Mitigation, Armour, Diminishing Returns In economics, diminishing returns is the short form of diminishing marginal returns. It is plainly evident that mitigation is subject to diminishing returns as the mitigation function given above is asymptotic to 1. As the mathematically inclined have already noticed, the general proof of this was on the same page as the diminishing returns math. evilempireguild.org /guides/diminishing.php   (1175 words)

 The Right Way to Tax DAT - GNU Project - Free Software Foundation (FSF) The law of diminishing returns is a general principle of economics. When applied to the activities of musicians, diminishing returns tells us that each successive increase in the income of musicians will have a smaller effect on the amount of creativity in music. Diminishing returns is the first reason to reject the idea that any use of music “should” be covered by copyright. www.gnu.org /philosophy/dat.html   (2595 words)

 Diminishing returns - WoWWiki, the Warcraft wiki When a spell with diminishing returns is used against a target in PvP, the first effect has full duration. Diminishing returns also occur in PvE versus creatures, opposed to the explanation that it only affects PvP combat. Diminishing returns does not count per player but per creature, so every creature has its own Diminishing returns for each group of stuns and all players in your party / raid will be affected by that Diminishing returns. www.wowwiki.com /Diminishing_Returns   (0 words)

 Diminishing returns, law of: A Glossary of Political Economy Terms - Dr. Paul M. Johnson If the gardener varies this approach by adding a pound of fertilizer to the topsoil, but otherwise does everything the same, he can increase the number of pounds of tomatoes the garden plot yields by quite a bit (notice the amount of land is being held fixed or constant). Another similar example of diminishing returns in an industrial setting might be a widget factory that features a certain number of square feet of work space and a certain number of machines inside it. The law of diminishing returns is significant because it is part of the basis for economists' expectations that a firm's short-run marginal cost curves will slope upward as the number of units of output increases. www.auburn.edu /~johnspm/gloss/diminishing_returns_law_of   (580 words)

 The Environmental Literacy Council - Diminishing Returns The “law of diminishing returns” is one of the best-known principles outside the field of economics. The law of diminishing returns — which is related to the concept of marginal return or marginal benefit — states that if one factor of production is increased while the others remain constant, the marginal benefits will decline and, after a certain point, overall production will also decline. The concept of diminishing returns is as important for individuals and society as it is for businesses because it can have far-reaching effects on a wide variety of things, including the environment. www.enviroliteracy.org /article.php/1333.php   (1103 words)

 The Dispatch - Serving the Lexington, NC - News   (Site not responding. Last check: ) In economics, diminishing returns is also called diminishing marginal returns or the law of diminishing returns. Diminishing returns says that the marginal physical product of an input will fall as the total amount of the input rises (holding all other inputs constant). The concept of diminishing returns can be traced back to the concerns of early economists such as Johann Heinrich von ThÃ¼nen, Turgot, Thomas Malthus and David Ricardo. www.the-dispatch.com /apps/pbcs.dll/section?category=NEWS&template=wiki&text=diminishing_returns   (1045 words)

 diminishing returns, law of. The Columbia Encyclopedia, Sixth Edition. 2001-05 Thus, for example, if more and more laborers are added to harvest a wheat field, at some point each additional laborer will add relatively less output than his predecessor did, simply because he has less and less of the fixed amount of land to work with. Anticipated by Anne Robert Jacques Turgot and implied by Thomas Malthus in his Essay on the Principle of Population (1798), the law first came under examination during the discussions in England on free trade and the corn laws. It is also called the law of decreasing returns and the law of variable proportions. www.bartleby.com /65/di/diminish.html   (235 words)

 Netmark Essentials The Law of Diminishing Returns (anticipated by Anne Robert Jacques Turgot and implied by Thomas Malthus in 1798) states that increasing one variable of an equation while keeping the rest of the variables constant will eventually yield a result opposite the intended purpose of the variable change. The answer in the short term was yes, because the quantity of crops harvested was directly related to the manpower behind the harvesting. The law of diminishing returns proved there's a point at which hiring more harvesters actually hurts the farm's bottom line. www.netmarkessentials.com /strategy.html   (0 words)

 Items - Item Modifiers -- Magic Find! Yes, as we reported in advance, diminishing returns were added to MF in terms of finding Rares, Sets, and Uniques. Since v1.09 introduced diminishing returns, it's not especially useful to get higher than 350% or so, in terms of finding more Uniques and Sets, but the higher the better for normal play. Around 300% is a nice number, due to the steep diminishing returns you get as you move up past 200%, though the increase is still good up to 500% or so. www.diabloii.net /items/modifiers/magic-find.shtml   (5098 words)

 The Agrarian Question and the "Critics of Marx" Bulgakov is "unaware" that Marx openly declared the assumptions of West, Malthus, and Ricardo -- that differential rent presupposes a transition to worse land or diminishing returns -- to be utterly false. Bulgakov to raise one of the possible cases (diminishing productivity of additional investments of capital) to the level of the universal law of diminishing returns brings him in the present instance to employ the concept "monopoly" uncritically and to convert it into something universal. In that article, he regards the diminishing productivity of successive investments of capital, if not as a law, then at all events as the "usual" and as it were normal phenomenon, which he links with differential rent, and he rejects the theory of absolute rent. www.marx2mao.com /Lenin/AQCM01.html   (16024 words)

 CERA: Offerings: Diminishing Returns CERA Director Michael Bodell and IHS Operations Director Carl Garrison discuss the new Multiclient Study Diminishing Returns: The Cost of North American Gas in an Unconventional Era. The Multiclient Study Diminishing Returns: The Cost of North American Gas in an Unconventional Era will establish representative costs for each of the 45 supply basins, as well as an estimate of future gas potential for each supply region at escalating levels of planning prices. Diminishing Returns: The Cost of North American Gas in an Unconventional Era will be delivered in two separate components. www.cera.com /aspx/cda/client/knowledgeArea/serviceDescription.aspx?KID=188   (3867 words)

 sunnyoutside, an independent press Diminishing Returns and Flowers in the Shadow of the Storm are discussed in each, respectively. A couple of reviews to report: the first review of Karl Koweski's Diminishing Returns in The Guild of Outsider Writers and one of Doug Holder's No One Dies at the Au Bon Pain in Small Press Review. It's an exciting day: Diminishing Returns, by Karl Koweski, our first title with a Buffalo imprint, is being released today. sunnyoutside.com   (2893 words)

 Coding Horror: Quad Core Desktops and Diminishing Returns I agree that there is a point where the returns on optimising an application for more cores won't be worth the effort expended. The real bottleneck or diminishing returns to multiple CPU cores is memory bandwidth and contention for other resources, not a lack of things to run on them. Note the individual framerate scores for each 3DMark06 game (Return to Proxycon, Firefly Forest, etc) are virtually identical, from the slowest and moldiest Pentium D, up to the latest and fastest Core Duo 2 extreme. www.codinghorror.com /blog/archives/000655.html   (5620 words)

 Diminishing Returns - gefunden im Magic Karten Verzeichnis! Diminishing Returns - gefunden im Magic Karten Verzeichnis! Du bist hier » Startseite » Alliances » Diminishing Returns Alles über die Magic Karte Diminishing Returns aus der Edition Alliances hier zu finden im Magic Karten Verzeichnis! www.magic-karten-verzeichnis.de /alliances/diminishing-returns.html   (112 words)

 Workshop - Law of diminishing returns Not exactly — the more you put in, the less you get out. In this week's ChessBase Workshop, database expert Steve Lopez explains the "law of diminishing returns". I recently had an interesting e-mail exchange with a friend, regarding the search features in ChessBase (although the discussion could apply equally well to the database search function of the Fritz family of playing programs). www.chessbase.com /workshop2.asp?id=1329   (0 words)

 www.myspace.com/diminishingreturns Diminishing Returns (New Songs Up!)'s Latest Blog Entry [Subscribe to this Blog] Diminishing Returns (New Songs Up!) has 19016 friends. View All of Diminishing Returns (New Songs Up!) 's Friends www.myspace.com /diminishingreturns   (169 words)

 law of diminishing returns - Encyclopedia.com   (Site not responding. Last check: ) diminishing returns, law of in economics, law stating that if one factor of production is increased while the others remain constant, the overall returns will relatively decrease after a certain point. It is also called the law of decreasing returns and the law of variable proportions. Letters: Law of diminishing returns should not be taken lightly; A reader warns of the dangers of promoters taking increasing deductions from their totes.(Sports) www.encyclopedia.com /doc/1E1-diminish.html   (599 words)

 Returns to Scale The definition of the concept of returns in to scale in a technological sense was further discussed and clarified by Knut Wicksell (1900, 1901, 1902), P.H. Wicksteed (1910), Piero Sraffa (1926), Austin Robinson (1932) and John Hicks (1932, 1936). The accurate exercise for decreasing returns to scale in the first case is to double the number of boats and double the size of the North Sea (and thus double the number of fish). Diagramatically, the idea of different returns to scale is thus captured by the degree to which isoquants are spaced from each other as we move along the ray from the origin. cepa.newschool.edu /het/essays/product/returns.htm   (5146 words)

 Diminishing Returns Law of - Search Results - MSN Encarta   (Site not responding. Last check: ) Diminishing Returns, Law of economic law that states that if one keeps on increasing one factor of production (such as land, labour, or capital)... Classical economics proceeded from the assumption of scarcity, such as the law of diminishing returns and Malthusian population doctrine. The wages-fund theory was succeeded by the marginal-productivity theory, concerned mainly with the influence exerted by the supply and demand of... uk.encarta.msn.com /Diminishing_Returns_Law_of.html   (114 words)

 Thesis #14: Complexity is subject to diminishing returns. (The Anthropik Network)   (Site not responding. Last check: ) The article explicity points out the diminishing returns (as well as if the return itself is of any use to the trial subjects) as well as the fact that drug research and clinical trial costs are always increasing. This diminishing returns argument should be more informed by an actual discussion of complex systems, how they operate the various interrelationships between parts as well as their respectively different advantages and disadvantages. Diminishing returns for complexity would still entail absolute increases in complexity, it simply means that the growth of complexity slows down, while the price of complexity goes up: you pay more, and you get less. anthropik.com /2005/10/thesis-14-complexity-is-subject-to-diminishing-returns   (9806 words)

 [No title] The `law of diminishing returns' plays so large a part both in the theory of rent and the theory of population as they are now taught, that we should naturally expect to find it promulgated both by James Anderson, the reputed anticipator of Ricardo, and by Malthus in his Essay on the Principle of Population. but between this and the law of diminishing returns there is nothing in common, except the use of the word diminishing.' Nothing that has ever passed muster as the law of diminishing returns ever asserted, as Malthus did, that the increases of the whole produce of a country must necessarily diminish. And even if returns did diminish greatly during the war, Malthus, West, and Ricardo were completely wrong in deducing from the experience of this short and anomalous period the hasty generalisation that as a general rule returns to agricultural industry diminish with the progress of wealth and population, in spite of all `improvements in agriculture.' socserv2.socsci.mcmaster.ca /~econ/ugcm/3ll3/cannan/cannan003.html   (4758 words)

 COMPLEXITY, PROBLEM SOLVING, AND SUSTAINABLE SOCIETIES, by Joseph A. Tainter, 1996 Diminishing returns to complexity in problem solving limited the abilities of earlier societies to respond sustainably to challenges, and will shape contemporary responses to global change. One outcome of diminishing returns to complexity is illustrated by the collapse of the Western Roman Empire. With diminishing returns to problem solving, addressing environmental issues in our conventional way means that more resources will have to be allocated to science, engineering, and government. dieoff.org /page134.htm   (5608 words)

 Diminishing returns Without diminishing returns, it would be irrational to use a \$10,000 per developer-day hurdle test when the cost of a developer-day is no more than \$1500. Given diminishing returns, large projects are most likely to fail (in fact, I have seen data that indicates that 25 percent of large projects are canceled, compared with a 15 percent cancellation rate for small projects). In conclusion, the mysterious problem of diminishing returns may be one of the most important things for a manager to understand when allocating staff for software projects. www.arnoldkling.com /~arnoldsk/aimst2/aimst208.html   (936 words)

 VN Boards - HK's/Honor diminishing returns Diminishing returns are dependent on you and your opponent, no one else factors in. Diminishing returns have been a part of PvP for quite a while, I believe possibly a feature implemented with the battlegrounds themselves as they would factor in greatly to the honor system, which was implemented a patch before the battlegrounds. With all this diminishing returns and the -30% nerfage, this is really starting to suck -especially the part with tons of honorpoints flushed down the drain. vnboards.ign.com /wow_general_board/b19789/100863410/r100864862   (1327 words)

 Thesis #15: We have passed the point of diminishing returns. (The Anthropik Network)   (Site not responding. Last check: ) In the previous thesis, we saw that complexity is subject to diminishing returns, because of each of its facets--subsistence, information processng, sociopolitical control, economics, and technology--are not only intertwined as a single system, but are themselves subject to diminishing returns. Thus, the question of whether we have passed the point of diminishing returns for resource extraction is the same as the question, "Have we yet passed Hubbert's Peak?" There is increasing evidence that we may have done just that. The very notion that we have passed the point of diminishing returns for technology would seem to be the only one even more absurd than the very idea that technology is subject to diminishing returns at all--at least, to the techno-salvationist. anthropik.com /2005/11/thesis-15-we-have-passed-the-point-of-diminishing-returns   (13076 words)

 Harry Willson's Rant February 1999, "Knowledge and Diminishing Returns" The concept of diminishing returns states that there comes a point where adding more of a given element to a process does not increase the output. It is a plain case of diminishing returns, because I already know and understand too much. It became "diminishing returns," in the area of knowledge, with a vengeance. www.amadorbooks.com /rants/rant9902.htm   (690 words)

 Optimal Living: The Art of complying with innate human needs The principle of diminishing returns will become even more obvious when we insist on acquiring the fourth, fifth and sixth pair of shoes. This illustration illuminates the Aristotelian principle of diminishing returns as it pertains to man, his money and his possessions: Total lack of money, signifying the lack of physical resources that money represents, can mean deprivation or even death. The principle of diminishing returns also applies to the optimization of the monetary resources necessary to acquire food. www.rationality.net /optimal.htm   (5648 words)

 From introductory economics to theoretical papers, the law of diminishing returns is a part of every economist’s ...   (Site not responding. Last check: ) From introductory economics to theoretical papers, the law of diminishing returns is a part of every economist’s tool kit. One of the fundamental building blocks of microeconomic theories is the concept of diminishing returns, sometimes called the "law" of diminishing returns. Economic thinkers who are given credit for contributions to the development of the idea of diminishing returns and extension to various problems include Turgot (who looked about his agricultural endeavors and developed the concept), Ricardo, Malthus, West, Torrens, Senior, Edgeworth, J. Clark, and Viner. www.cba.nau.edu /hildred-b/readings/dimrtn.htm   (206 words)

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