I think Derek Sivers has a lower marginal utility of income than your average schmo. :)
Question: what is the right decay rate for the utility of each additional dollar of income in terms of overall buying power (assuming sane spending habits/hobbies)? I'd think it be zero up till some range, then sublinear, then some moderate polynomial, then a slow exponential?
Any thoughts?
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(That's the best I can do for the -decay- rate).