Thus, the concept of diminishing marginal utility should translate itself into a downward-sloping demand function.

It is a function of the gambler ’ s total wealth w, and the concept of diminishing marginal utility of money is built into it.

He also introduced the concept of diminishing returns to England.

Citing diminishing returns on visitation to the original site, the concept for the " Museum of the Confederacy System " is to exhibit its vast collections in strategically located, high-traffic, tourist destinations that are also significant Civil War sites.

Thus in ordinal utility theory, there is no concept of diminishing marginal utility, which would correspond to the second derivative of utility being negative.

" The concept of the main theatre became unattractive to those members of the profession working on large-scale events and others who felt that it was a diminishing part of modern theatre.

The long-run marginal cost curve is shaped by economies and diseconomies of scale, a long-run concept, rather than the law of diminishing marginal returns, which is a short-run concept.

* Socialism's fundamental principles are centered on a critique of this concept, stating, among other things, that the cost of defending property is higher than the returns from private property ownership, and that, even when property rights encourage their holders to develop their property or generate wealth, they do so only for their own benefit, which may not coincide with benefit to other people or to society at large.

Nan Lin's concept of social capital has a more individualistic approach: " Investment in social relations with expected returns in the marketplace.

Another common theme is a single, large, fixed deduction ; the concept here is that this blanket deduction rolls up a myriad of ubiquitous, fixed, living costs and has the simplifying side-effect that many ( low income ) people will not even have to file tax returns.

However, in the generic programming approach, each data structure returns a model of an iterator concept ( a simple value type which can be dereferenced to retrieve the current value, or changed to point to another value in the sequence ) and each algorithm is instead written generically with arguments of such iterators, e. g. a pair of iterators pointing to the beginning and end of the subsequence to process.

Additionally the concept of liquidity is a critical component to capturing " inefficiencies " in tests for abnormal returns.

* Dashboard — The Dashboard is a new mini-applications layer based on HTML, CSS, and JavaScript, which returns the desk accessories concept to the Mac OS.

It is also useful because it takes into consideration returns to scale in calculating efficiency, allowing for the concept of increasing or decreasing efficiency based on size and output levels.

This concept returns to the intuition behind the matched filter: this upper bound is achieved when the two vectors and are parallel.

According to Diamond, the defining concept of dominionism is " that Christians alone are Biblically mandated to occupy all secular institutions until Christ returns ".

Also existing in a vestigial form is the concept of escheat, under which an estate of a holder without heirs returns to the ownership of the state.

When Frex returns, he befriends Turtle Heart ( seemingly ignorant of the relationship between the Quadling and his wife ), out of unionist charity ( Quadlings, after all, " ranked about as low on the social ladder as it was possible to get and still be human "), religious zeal ( Quadlings have no concept of religion, so Frex sees Turtle Heart as a potential convert ), and an attraction to Turtle Heart of his own.

* To refer to the more specific concept that planned actions by management and the returns to shareholders should outperform certain bench-marks such as the cost of capital concept.

Rûach () has the meanings " wind, spirit, breath ," and can mean " great " as well as " god ": the which moves over the Deep may therefore mean the " wind / breath of God " ( the storm-wind is God's breath in Psalms 18: 16 and elsewhere, and the wind of God returns in the Flood story as the means by which God restores the earth ), or God's " spirit ", a concept which is somewhat vague in Hebrew bible, or simply a great storm-wind.

Many definitions of skeleton make use of the concept of distance function, which is a function that returns for each point x inside a shape A its distance to the closest point on the boundary of A.

" A few sentences later, the narrator returns to the concept of identity and subjectivity and invokes the subjects of the ballad for the first time: " Here then was I ( call me Mary Beton, Mary Seton, Mary Carmichael or by any name you please – it is not a matter of importance )..."

For most political economists, the concept of production prices corresponds roughly to Adam Smith's concept of " natural prices " and the modern neoclassical concept of long-term competitive equilibrium prices under constant returns to scale.

The concept of the woman who dies, but returns to help Conan in battle, was used in the 1982 movie Conan the Barbarian.

Nothing can show more than this the immensity of the danger to democratic peoples that lies in even relatively slight deviation from their true concept of sovereignty.

The one of 1861 made clear that in making their government the people were acting through their states, whereas the Preamble of 1787-89 expressed, as clearly as language can, the opposite concept, that they were acting directly as citizens.

A unified concept can serve as a guide to budgeting and, if public support is gained, will command Congressional support.

The force vector concept of Fig. 6 can readily be applied to this condition also.

The entire concept of cerebral imagery as the physical basis of a mental image can find no logical support.

and even then, it is a concept that can be highly misleading.

It is a traditional virtue in many cultures, and a core aspect of various religious traditions, though the concept of ' others ' toward whom concern should be directed can vary among cultures and religions.

In 2009, the American Anthropological Association's Commission on the Engagement of Anthropology with the US Security and Intelligence Communities released its final report concluding, in part, that, " When ethnographic investigation is determined by military missions, not subject to external review, where data collection occurs in the context of war, integrated into the goals of counterinsurgency, and in a potentially coercive environment – all characteristic factors of the HTS concept and its application – it can no longer be considered a legitimate professional exercise of anthropology.

Ramsey ( 2004: 340 ) stated that " the genetic relationship between Korean and Japanese, if it in fact exists, is probably more complex and distant than we can imagine on the basis of our present state of knowledge ", a concept later restated by Lee ( 2011 ).

A choice function is a function f, defined on a collection X of nonempty sets, such that for every set s in X, f ( s ) is an element of s. With this concept, the axiom can be stated:

The concept occurs when a unit of meaning can vary in sound without changing meaning.

I think religion serves a lot of different purposes in people's lives, and I can recognize the value of that, you know, the value of ceremony, the value of community, or even just having a forum to get together and talk about ideas, about morals – that's a cool concept.

The desire to create air portable armoured vehicles that can still take on conventional MBTs has usually resulted ATGM armed light vehicles or in protected / armoured / mobile gun system style vehicles in which a lack of armour protection being in part offset by the provision of a first look / first hit / first kill capability through the mating of a powerful gun to superior targeting electronics, a concept similar in operation to that of the US tank destroyers of WWII.

A recently described example of this concept in action can be seen in the development of a lung cancer called NCI-H460.

There is nothing we can add to a concept in order to make it represent the object as existing ; what happens if we add anything to it is that it represents something else.

Thus, the experience of an apple is as close to the Apple concept that one can get.

According to this understanding, the self can not be reduced to a bundle because there is nothing that answers to the concept of a self.

Blissymbols or Blissymbolics was conceived as an ideographic writing system called Semantography consisting of several hundred basic symbols, each representing a concept, which can be composed together to generate new symbols that represent new concepts.

Although the game had " incredible role-playing potential ", the concept of role-playing rabbits can be viewed as bizarre, and as such at least one commentator believes that " most people thought it was stupid " when it was first released.

Breatharianism is a related concept, in which believers claim food and possibly water are not necessary, and that humans can be sustained solely by prana ( the vital life force in Hinduism ), or, according to some, by the energy in sunlight ( according to Ayurveda, sunlight is one of the main sources of prana ).

But these synonyms can at least help us to get a fix on the concept we are talking about.

The fundamental concept of cognitive science is " that thinking can best be understood in terms of representational structures in the mind and computational procedures that operate on those structures.

Issues of concern in the philosophy of consciousness include whether the concept is fundamentally valid ; whether consciousness can ever be explained mechanistically ; whether non-human consciousness exists and if so how it can be recognized ; how consciousness relates to language ; and whether it may ever be possible for computers or robots to be conscious.

Extending this concept to all sentient beings, one can measure a range of consciousness based on how many and how powerfully neurons are actually firing, varying from worms to humans.