Diminishing returns means that the more you experience something, the less rewarding it becomes. The concept of diminishing returns applies to most experiences that are complex and novel, and even many of the mundane ones. They apply in cases like money, eating, sleeping, work productivity and even friendships.
All give back less the more you do them, the more you try, or the more you have. All operate on a diminishing returns curve.
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Here, effort and reward have a negative correlation—that is, the more effort you put into doing something, the more you will fail to do it.
Effort and reward have a linear relationship when the action is mindless and simple. Effort and reward have a diminishing returns relationship when th...
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