The cure for greed
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21-09-2012, 12:58 AM
The cure for greed
http://bydiddo.com/The-Cure-for-Greed

Observer

Agnostic atheist
Secular humanist
Emotional rationalist
Disclaimer: Don’t mix the personal opinion above with the absolute and objective truth. Remember to think for yourself. Thank you.
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21-09-2012, 01:10 AM
RE: The cure for greed
(21-09-2012 12:58 AM)Observer Wrote:  http://bydiddo.com/The-Cure-for-Greed

Excellent find, thanks Obsy.

That was irony on a stick.

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21-09-2012, 01:44 AM (This post was last modified: 22-09-2012 12:48 AM by Bucky Ball.)
RE: The cure for greed
MU = ∆TU/∆Q - > 0, as Q - > IP
IP = Indifference Point

That's the cure for greed.

http://en.wikipedia.org/wiki/Weber%E2%80%93Fechner_law
http://en.wikipedia.org/wiki/Marginal_utility
http://en.wikipedia.org/wiki/Ordinal_utility
http://en.wikipedia.org/wiki/Cardinal_utility

Insufferable know-it-all.Einstein God has a plan for us. Please stop screwing it up with your prayers.
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21-09-2012, 09:26 PM
RE: The cure for greed
(21-09-2012 01:44 AM)Bucky Ball Wrote:   MU = ∆TU/∆Q - > 0 as Q - > IP
IP = Indifference Point

That's the cure for greed.

http://en.wikipedia.org/wiki/Weber%E2%80%93Fechner_law
http://en.wikipedia.org/wiki/Marginal_utility
http://en.wikipedia.org/wiki/Ordinal_utility
http://en.wikipedia.org/wiki/Cardinal_utility

No, that's the explanation of how it works, a cure would be a way to actively modify the indifference point

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21-09-2012, 09:35 PM (This post was last modified: 21-09-2012 10:59 PM by Bucky Ball.)
RE: The cure for greed
(21-09-2012 09:26 PM)nach_in Wrote:  
(21-09-2012 01:44 AM)Bucky Ball Wrote:   MU = ∆TU/∆Q - > 0 as Q - > IP
IP = Indifference Point

That's the cure for greed.

http://en.wikipedia.org/wiki/Weber%E2%80%93Fechner_law
http://en.wikipedia.org/wiki/Marginal_utility
http://en.wikipedia.org/wiki/Ordinal_utility
http://en.wikipedia.org/wiki/Cardinal_utility

No, that's the explanation of how it works, a cure would be a way to actively modify the indifference point

I disagree. If people understood that the MU is actually 0, at a rather low level, they wouldn't worry about it much. Maybe I'm wrong, as my IP is so low.

Insufferable know-it-all.Einstein God has a plan for us. Please stop screwing it up with your prayers.
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21-09-2012, 09:46 PM
RE: The cure for greed
(21-09-2012 09:35 PM)Bucky Ball Wrote:  
(21-09-2012 09:26 PM)nach_in Wrote:  No, that's the explanation of how it works, a cure would be a way to actively modify the indifference point

I disagree. If people understood that the MU is actually 0, at a rather low level, they would worry about it much. Maybe I'm wrong, as mine is so low.

I agree, but that understanding is the indicator of a cured person, not the cure itself... but I'm just babbling semantic gibberish, greed is not a disease, is a vice, a way people behave, so there's no cure Sad

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21-09-2012, 11:07 PM (This post was last modified: 22-09-2012 01:31 AM by Bucky Ball.)
RE: The cure for greed
Besides the economic model, there are a couple other considerations from Psychology, in determination of the IP.

1. Habituation, and the decreasing response to a given stimulus.
http://psychology.wikia.com/wiki/Habituation

2. Choice overload.
http://hci.stanford.edu/courses/cs547/ab...tmore.html

What think ye ?

So what I've always thought is, that the LACK of habituation is one of the major causes. It's a case of "the grass is always greener", and "outside looking in".
I happen to be on the inside, (^ value of TU/Q), and have always thought that if people understood life is in NO WAY any different, in any substantial way, at higher values of TU/Q, their goals/values would be different.
That assumes a basic survival level (minimal cutoff of TU/Q) is met. After that the MU starts to drop quickly, for "non-materiaists", who are habituated.

Insufferable know-it-all.Einstein God has a plan for us. Please stop screwing it up with your prayers.
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22-09-2012, 12:17 PM (This post was last modified: 22-09-2012 03:58 PM by GirlyMan.)
RE: The cure for greed
(21-09-2012 11:07 PM)Bucky Ball Wrote:  What think ye ?

Fuck the fancy math, there is no cure for greed but there is a prophylactic: Get what you need and make it what you want, learn how to be fucking satisfied and satiated. ... fucking fools. ... Nobody listens. Weeping




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