Marginal Utility
topic on 1 show · 1 statements across 1 episodes
1 statements about Marginal Utility, every show
Smith: Information Produces Edge Until Marginal Utility Turns Negative
“Drawing the line when the marginal utility of an extra unit of information is no longer positive, I think is an important skill because you can get yourself very confused and you can drown in too much information. So drawing the line on what makes sense and wh…”