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 Law of Diminishing Marginal Utility and Relationships

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Posted on 10-09-15 4:37 AM     Reply [Subscribe]
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I came across the theory of Law of Diminishing Marginal Utility was when I was in grade 11. Though I say that economics never excited me, since I had a very good teacher, I enjoyed the topics at that time. I was very fascinated by this one theory; Law of Diminishing Marginal Utility. This theory states that when you are consuming a product, lets say a ham sandwich, the first time you have it, you will have utmost level of satisfaction, keeping others things like like pop soda constant. But with every other consumption of the sandwich, you start enjoying it more and more and there will be a point where the satisfaction is maximum. But after that point, you like it or not, there is a downfall, a decline in the utility and satisfaction.

I haven't looked back and read this chapters in years. But somehow the theory is stuck in my head. Once in a while I bring it out in my conversations and my friends tease me with my nerdity.

I have been stuck at home for few days now. Willingly or unwillingly, the crisis of the nation is hitting everyone in all possible ways. Yes, I dont have fuel and I go out in a very limited manner. I do a lot of self analysis, pondering, wondering, star gazing, moon walking....LOL....but in all this I happen to do some comparison of relationships.

This is my theory of Diminishing Marginal Utility of a relationship.

I am sure we all have felt the butterflies in the stomach kind of feeling when we start to crusade into a friendship we all wanted. That first SMS you get, the first night long phone/skype/viber/ blah blah conversation, the first date or outing...everything excites you. You try to be extra nice to the other person and you want to impress. You say things to make her happy. Everything looks perfect. Every time you meet, its fun, its happiness and you want to do it more and more. It goes on for sometime and there will be a time ( maybe in few weeks, months or if lucky years) the utility will start dropping down. You don't feel the same excitement. The person is not special anymore. They are an ordinary part of your daily life.

I normally try to keep that excitement going in the friendship but when the other person is not in the same boat, it actually is very difficult to pull up that relationship. Changes are inevitable, but those changes are suppose to better the relation not discolour it. For me some things never go out of fashion. A sweet message, a call just to say I love you, an extra effort to keep it fresh and not letting that first spark die but to flame everything up with that. There is no effortless friendship or relationship. You have to give in to get back. If you stop giving her....trust me there will be a point when people become empty and there have nothing more to give....They move on.

(I am a woman and I strongly believe in equality. But I had to address in someway, I am referring it as him.This works with both genders and I request the reader should not take it as an offense)


 
Posted on 10-10-15 9:08 PM     [Snapshot: 152]     Reply [Subscribe]
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makes sense. Exactly my thought. Live your life like you never got 1 & use it well. Value the one who cares. Don't let ur childlike side fade away.. spice it up. & live ur life as a young
 
Posted on 10-10-15 9:51 PM     [Snapshot: 172]     Reply [Subscribe]
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jaysmi,
it is not only keeping the child like side but to have the maturity to understand that a relationship needs to be worked on. It should not be like diminishing marginal utility which most of the time is what happens...people get bored....and it is natural to get bored....but how you keep it alive is the question :) isnt it?

 
Posted on 10-11-15 4:59 AM     [Snapshot: 229]     Reply [Subscribe]
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It is a sad reality, isn't it? Once the initial exciting phase in a relationship is over, we take people for granted and become too engrossed in the other aspects of our busy mundane lives.
 
Posted on 10-11-15 5:22 AM     [Snapshot: 236]     Reply [Subscribe]
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It is a sad reality and I think if we realise it then we can better it off isnt it?
 
Posted on 10-11-15 6:18 AM     [Snapshot: 253]     Reply [Subscribe]
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Yeah, I totally agree
 
Posted on 10-11-15 7:44 AM     [Snapshot: 283]     Reply [Subscribe]
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I think either ur hubby needs t supplements or u need to go to gym and lose that DAMN weight.
 
Posted on 10-11-15 8:02 AM     [Snapshot: 301]     Reply [Subscribe]
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hahaha....bairaghi....apparently none of your above claims are right or useful to me....its OK if you didnt like the write up...we all are entitled to our opinions. Thank you
 
Posted on 10-11-15 8:20 AM     [Snapshot: 312]     Reply [Subscribe]
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Haha. Timi pani ta kati badliyau ni. Pahila ta singhar patar gharera jahile pani katerina kaif jhai lagthyo. Ahile ta kahile kahi chinnai gahro po huncha. Pahila ta jhe bhane pani yes bhanthyo, ahile ta har kura ma kich kich garchau. Hunda hunda tarkari kinda 2 penny ko price difference ma adha ghanta waste gari dinchau. Baccha bela ma ta gadi gudna due pangra sangai chalnu parcha bhaneko suneko thiye. Ahile ta timile life lai unicycle banidiyau. Khai kati jhagada garnu. Bhita ma thokai afnai tauko forincha. Tesaile baru tada tada bhagnai besh lagyo.
This is our point of view. Representing all purush jaati haru.
 
Posted on 10-11-15 8:47 AM     [Snapshot: 334]     Reply [Subscribe]
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This is the funniest..full of sarcasm reply I have got in a long time....lol....but like i think i said it goes with both genders...so I am not saying women are right and men are always at fault....but since I am a woman it was easier for me to write it as him...tht is all
Ba badliyeko hoina....jamana le bigaridiyo maya!!!! ;)
 
Posted on 10-11-15 9:31 AM     [Snapshot: 364]     Reply [Subscribe]
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@bairaghi, kudos on sarcasm :D And your rationale seems sound too :D
BTW, if you are talking from your personal experience, why don't you tell your girlfriend/wife how you feel?
 
Posted on 10-11-15 9:47 AM     [Snapshot: 379]     Reply [Subscribe]
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Its human nature to find another mountain to climb. Thats why i dont believe in heaven. Even in heaven mankind will find/create a problem. And if there is a problem in heaven, we cant call it heaven anymore, right ? Life itself is the meaning of life. Withs its all bright sides and dark sides. It is what makes life worth living. If by miracle oneday u find a problem free life, u will stop living.
 
Posted on 10-11-15 9:54 AM     [Snapshot: 395]     Reply [Subscribe]
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What are you talking about...everyone have their own way of appreciating life....Nobody is talking about problem here....it is how to solve it...Heaven Hell right wrong....it is all relative and conditional isnt it....I wont stop living in no way and trust me...... if you have watched Shawshank Redemption...there is a dialogue....either start living or start dying :)
 
Posted on 10-11-15 10:16 AM     [Snapshot: 424]     Reply [Subscribe]
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@bairaghi, I agree with you that life is always full of problems. That doesn't mean we give up and be bairaghi. I know that we can't solve all the problems in life, but we can attempt to solve those that are under our control. We can still live happily amid all these problems. Don't be so bairaghi.
 
Posted on 10-11-15 10:24 AM     [Snapshot: 439]     Reply [Subscribe]
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OK Both of you MInNpl and bairaghi,
please dont argue...we all have our difference of opinion alrite....it is only question of perspective towards life!
 
Posted on 10-11-15 10:30 AM     [Snapshot: 446]     Reply [Subscribe]
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Sorry Ambrosia. Didn't mean to sound argumentative.
 
Posted on 10-11-15 10:31 AM     [Snapshot: 445]     Reply [Subscribe]
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No, we r not arguing. Just healthy discussion. Thats why i dont believe u need to be married to same person for whole life unlike our culture dictates. Can u imagine if all the appliances in your house were ten years old ?? Life will be miserable !!!
 
Posted on 10-11-15 10:33 AM     [Snapshot: 450]     Reply [Subscribe]
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MInNpl
its ok i am not saying you sound argumental...but I am seriously trying to make sense with what he is saying o_o
 
Posted on 10-11-15 10:34 AM     [Snapshot: 430]     Reply [Subscribe]
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I guess it's no different than the excitement one gets into while shopping one's first car and the care and car washes (and perhaps facebook snapshots) it gets. And within weeks, if not months, it just becomes a vehicle, when other priorities of life takes over. And may be pretty soon a newer model or perphaps a luxury sporty brand overshadows it all.

That's life. I guess restaurants would go out of business if law of marginal utility was not true that people would not get tired of eating at home.

Well there are exceptions to every rule too. I like to continue driving my car from 90s, keep fixing it and keep it running like the day i bought it. And still feel that excitement.
 
Posted on 10-11-15 10:38 AM     [Snapshot: 457]     Reply [Subscribe]
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balla fursad bhayecha fellow aquarian lai.....
you Law of Marginal Utility with relationship what do you think??
 



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