The Law of Diminishing Returns.

Optimal decision making and matching are tied through diminishing returns.

How individuals make decisions has been a matter of long-standing debate among economists and researchers in the life sciences. In economics, subjects are viewed as optimal decision makers who maximize their overall reward income. This framework has been widely influential, but requires a complete knowledge of the reward contingencies associated with a given choice situation. Psychologists and ...

Information Flow in Networks and the Law of Diminishing Marginal Returns: Evidence from Modeling and Human Electroencephalographic Recordings

We analyze simple dynamical network models which describe the limited capacity of nodes to process the input information. For a proper range of their parameters, the information flow pattern in these models is characterized by exponential distribution of the incoming information and a fat-tailed distribution of the outgoing information, as a signature of the law of diminishing marginal returns....

Diminishing Returns and Asian NIEs - How They Overcome the Iron Law

The Law Op Diminishing Returns in Agriculture

A correct understanding of the law of diminishing returns both as to its application, as well as to its statement as a principle, is fundamental in any study designed to measure the effect of increasing units of an input factor upon the output whether this output be in the form of plant growth or animal production. Immediately following Von Liebig's emphasis of the need by plants of various min...

Challenging the “Law of Diminishing Returns”

"The Law of Diminishing Returns" (Spearman, 1927) states that the size of the average correlation between cognitive tasks tends to be relatively small in high ability groups and relatively high in low ability groups. Studies supporting this finding have tended to contrast very low ability subjects (IQ < 78) with subjects from higher ability ranges and to use tests that have poor discriminatory ...

A new total variation diminishing implicit nonstandard finite difference scheme for conservation laws

In this paper, a new implicit nonstandard finite difference scheme for conservation laws, which preserving the property of TVD (total variation diminishing) of the solution, is proposed. This scheme is derived by using nonlocal approximation for nonlinear terms of partial differential equation. Schemes preserving the essential physical property of TVD are of great importance in practice. Such s...