Diminishing returns
Risk & psychologyThe point beyond which additional effort stops improving the outcome.
In plain terms
In markets the curve turns downward — extra hours produce activity, and activity costs money.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 1 term
The point beyond which additional effort stops improving the outcome.
In markets the curve turns downward — extra hours produce activity, and activity costs money.