Doesn’t every organization/social movement that efficiently allocates resources have diminishing returns beginning with the first dollar? One reason why this could theoretically not be true is if efficient use of capital requires upfront investment in infrastructure, but I don’t know if that applies here. The concept of diminishing returns seems distinct from leverage (though obviously not unrelated).
The signalling issue is complicated, and I’m open to suggestions. As I’m a consequentialist, I’m open simply to lying.
″ hits diminishing returns” is usually used as a shorthand for “investment in hits the point where returns have diminished enough that additional investment is no longer optimal.”
Doesn’t every organization/social movement that efficiently allocates resources have diminishing returns beginning with the first dollar?
That will be the case very often, except in cases like that which you have mentioned. In these comments Michelle Hutchinson came up with a few other possibilities, like economies of scale.
The signalling issue is complicated, and I’m open to suggestions. As I’m a consequentialist, I’m open simply to lying.
This wouldn’t address the non-signalling concern that I raised though (as I’m sure you’re aware of course).
Doesn’t every organization/social movement that efficiently allocates resources have diminishing returns beginning with the first dollar? One reason why this could theoretically not be true is if efficient use of capital requires upfront investment in infrastructure, but I don’t know if that applies here. The concept of diminishing returns seems distinct from leverage (though obviously not unrelated).
The signalling issue is complicated, and I’m open to suggestions. As I’m a consequentialist, I’m open simply to lying.
″ hits diminishing returns” is usually used as a shorthand for “investment in hits the point where returns have diminished enough that additional investment is no longer optimal.”
duplicate comment
That will be the case very often, except in cases like that which you have mentioned. In these comments Michelle Hutchinson came up with a few other possibilities, like economies of scale.
This wouldn’t address the non-signalling concern that I raised though (as I’m sure you’re aware of course).