tag:blogger.com,1999:blog-35777384.post3996562658573802027..comments2024-03-26T13:58:01.822-07:00Comments on The Dangerous Economist: Is Willpower An Untapped Resource?Cyril Moronghttp://www.blogger.com/profile/07148864847009186694noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-35777384.post-24411721576899419392011-12-01T10:13:54.763-08:002011-12-01T10:13:54.763-08:00Thanks again. I think what these authors are sayin...Thanks again. I think what these authors are saying is that people who believe in will power will have less of a need for stimulants. So it will take longer for diminishing returns to set in or they decline more slowly.Cyril Moronghttps://www.blogger.com/profile/07148864847009186694noreply@blogger.comtag:blogger.com,1999:blog-35777384.post-27515195581619317752011-12-01T08:44:42.403-08:002011-12-01T08:44:42.403-08:00Yessir, I was thinking more along the lines of les...Yessir, I was thinking more along the lines of less return than the previous hour. The rationale behind this thought is due to fatigue. I figure one could only study so long without externalities(adderall), which would eventually lead to nodding off, hence less return, because of less awareness.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-35777384.post-10414206548488872552011-11-30T05:48:22.826-08:002011-11-30T05:48:22.826-08:00Thanks for dropping by and commenting. Interesting...Thanks for dropping by and commenting. Interesting point.<br /><br />Can you be more specific? Do you mean each additional hour spent studying has less return than the previous hour?<br /><br />Remember that the law of diminishing returns says that as you add more of a variable resource with another resource fixed in quantity, eventually you get smaller additions to output. Can you say exactly how that might be happening here?Cyril Moronghttps://www.blogger.com/profile/07148864847009186694noreply@blogger.comtag:blogger.com,1999:blog-35777384.post-58589797313520080672011-11-29T22:46:55.199-08:002011-11-29T22:46:55.199-08:00Last paragraph is interesting, but does it not deb...Last paragraph is interesting, but does it not debunk the idea of the law of diminishing returnsAnonymousnoreply@blogger.com