I think there is a version of this claim that's basically trivially true and a version that's interesting and not-obviously true. For example, utility difference between \$150k vs \$200k can be 2x larger than \$200k vs \$250k.
by Alexei Andreev Dec 16 2016 updated Dec 16 2016
I think there is a version of this claim that's basically trivially true and a version that's interesting and not-obviously true. For example, utility difference between \$150k vs \$200k can be 2x larger than \$200k vs \$250k.