YanZi's Message

YanZi's Message

2nd May 2005

Title: It's raining very heavily....

Dear all

HI!
It's raining very heavily outside. I'm at a recording studio right now and I haven't got much to share....

Hmm.

ha.

yodelay heeeee.

How about a lesson in.....LDMR. Law of Diminishing Marginal Returns. This concept I learnt in Economics in Junior College (or High School). The first time I learnt it I was amazed by this simple yet extremely concise way of summarizing human beings.
Imagine you are very hungry, you begin to eat what you have longed to eat.....say a donut. The first donut is heaven. You finish one in 10 seconds and lick the powdered sugar off your lips. The 2nd donut you might take 15 seconds to finish. And when you are offered a 3rd, you are hesitant. And if you are forced to eat a 4th, the donut begins to tasted like a ring of lard. This Law states that wth every increase in consumption of a unit, your utility (satisfaction) will reach a point where it will increase at a decreasing rate and eventually start to decline. You would want to smack anyone who offers you the next donut.

It is so relevant in my everyday life that I want to share it with you. How do you prevent it? You can't if you offer the same thing again and again. It has to be something else, say a mint, a yogurt drink, a chocolate chip cookie. NO I'm not refering to the people who queue up forever to bring me the donuts (I SHARE them, LDMR does not apply here.) I'm talking about this industry. The fickle consumers, the same old artistes and the one thing that we offer, music. How do we offer something else? Hmm. Ha. I don't have all the answers.

ok that's all folks.

growing up,
yz

Adapted From,
yanzi.com.tw <-- bleh!