Marginal utility is the extra utility derived from
the consumption of one more unit of a good, the consumption of all other goods
remaining unchanged. In general context, utility is the satisfaction derived
from the consumption of a good. In the context of this article, “consumption of
a good” will be somewhat inapplicable since the content cannot be quantified in
physical terms, physically, neither is it tangible in any sense. I mean that a
job cannot be. Utility is the satisfaction derived from that yet unnamed thing,
or good.
Utility and satisfaction are not, that important as
their decrease. Thus the hypothesis of diminishing utility in its original
source, the hypothesis of diminishing utility. In its original source, the
hypothesis of diminishing marginal utility states that as the quantity of a
good consumed by an individual increases, the marginal utility of good will
eventually decrease. Point to note, this is some economists theory. It is not
mine. But somehow I just felt like stealing it for my own craze. Another thing
to note is that it is somehow a valid generalization about individual consumer
behavior. The more something is consumed, the less the utility they are likely
to derive from the consumer of an additional unit of it.
Food is my only perfect example to this theory of
my own. Let’s take an example of pizza. I will use it since I have had it countable
times in life. Its great but I have my own reasons why it’s infrequently
consumed. We will take the extra large consumption of the first sectors follow
suit, our satisfaction and enjoyment goes down with every bite. May be that was
just me. Let’s have ice cream. The initial “licks” or scoops are so nice &
fulfilling but a numb & feeling less tongue later, and we just feel as if
we are having plain water. Enough examples.
It’s obvious that the tongue gets oriented to the
taste of the ice cream, & starts expecting more from the cream. It starts
getting tasteless, boring, and the mind starts thinking of something else. It
is in this, still whereby the willingness to take a bite further is diminished.
You just don’t feel like licking / scooping coz either you are too bored or
deep in your mind you think that by restraining you will love the next scoops.
The theory goes ahead to state that in order to
maximize utility with a given level of consumption, the individual must
constantly compare utilities, derived from alternative goods and services.
Enough of economics to some of life’s amazing
sectors as usual I have to touch on men & women then careers then
recreation.
Career should be my worst experiences in life. Its
not. Disregard that. I don’t know how to put it but somehow, it just pisses me
off having landed in a wrong one. That doesn’t matter now. Topic for another
day. It’s obvious that everyone or almost everyone was so anxious to ‘have’
something to do, that the initial stages were so interesting. Initial stages is
variant in the sense that someone whose been at one thing for 50 years and
another for 5 years have a different range/ length/ time frame of initial. The
job is so good at first, the people, colleagues, clients etc. To them also is
an excitement as well as having a new colleague. Who wouldn’t want that? But as
time goes by, the level of satisfaction goes beyond the curve and you start
feeding yourself with the feeling of discontentment and discomfort. Your
colleagues start getting sour, the boss starts nagging and that boring life’s
cycle begins. You start cursing the job and everything around & we build a
mindset, a mentality that gets you fixed to the belief that life & that job
or line of career is not of your type, yeah, the tongue gets numb &
accustomed to the ice cream. Then you start wishing you had chocolate instead
& wondering why you had to take such a big scoop, then the salary seems
small and another job search begins – the search of an alternative.
I love swimming. It’s so nice to visualize how
fantastic a session will be. Especially when one has not swam in quite a while.
Then the time comes to swim. As much as I would love to do more than two hours,
it would not work out for me as enough. The first dip is the best of all, but
within the first hour, I have done all there is to be done in the water. Even
if it gets to the individual strokes, I cannot freestyle the whole time or fly
the whole time. The point is here that you start trying out different styles in
different order just to search for something that will satisfy you more than
what you are currently doing. I leave the pool, bask in the sun for a while,
come back again and the cycle continues & I cannot do it anymore. This goes
to the extent of pool hopping. It gets boring even in the best of pools to
appear every time… I Diversity…
Then we have people. I am yet to learn or to prove
if it has something to do with it. In
the most basic of senses, we get bored with people, things they do, how they
treat us, how they talk to us, how they relate to us & all that other stuff
that people do. Diminishing utility. As I was trying to push this economic
theory a bit out of its context, I was trying to theorize a way to get round
it, since its here that we human beings dwell mostly upon. Relationships or
social matter so to say. I did not manage. But since that is not my field, I
would not concentrate too much on it. So I played defeated. Obviously there is
a solution. We say that ‘too much of something is poisonous’ so the most obvious
opposite is to have lesser for longer. Lesser more infrequently, for longer…
like delayed gratification of some sort. Just like food, sometimes we need to
be biting off just enough that we can chew, for the bonds we have to last –
remember this is my so big thought. Too much of some individuals, sometimes
sucks big time. That’s why we sometimes wonder whatever happened to the luster
of once great a friendship or relationship. Its all breaks down to the things
we do. Like say if we were to reverse the equation it would be a different
case.
I am thinking of how we get bored of somebody’s
individual traits & character, things we have in common etc. at first it’s
so good, but as time goes by, it gets to unmanageable levels. I’m thinking,
just like food, we don’t have to eat all at once. Bits and pieces. On the not
so obvious side of it, we have those who have gone overboard and in the
comparison of utilities, they go ahead & act outside the box – literally
that is outside the domestic market, in this reference the relationships we
have at different levels. This is taking it too far in the search of maximum
utility in regards to the given levels of consumption. This is one of the
reasons why cheating and infidelity comes in. when it comes to infidelity,
nobody is the better performer. It’s not as basic as one gender cheats more
than the other. We are all equal in terms of the need to be contented with
whatever we are getting. Maximization of utility runs down almost everybody. So the constant comparison of utilities in its
different levels goes down to an individual depending on how much they are
receiving from whichever.
From here it goes on and on and on and on… to more
complicated stuff, that I cannot explain. Or rather I don’t feel like writing
about now. But at least its one explanation why things happen the way they do.
Everything in life, at some point gets boring…
Hi. Same Old Drama, Different Day. This blog is about me and others, nature, life, blah blah and why everything I like is great even the hurting - still great. If you disagree with anything you find on this page, Well. . . You are probably right..
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