the concept of diminishing returns ia very subjective and an economic assessment.
i don't think a mercedes is worth $50,000, while some car buyers probably do.
the notion that a $1000 power cord does not provide twice the performance as a $500 one is a moot point.
each listener makes the assessment as to what a product is worth relative to another. disagreements are likely to occur.
thus the concept of diminishing returns is not applicable to an aesthetic medium.
it is useful where objective measurement is possible, such as in a production environment.
this term was originally applied in micro economics. it is debatable whether it has any usefulness in audio.
i don't think a mercedes is worth $50,000, while some car buyers probably do.
the notion that a $1000 power cord does not provide twice the performance as a $500 one is a moot point.
each listener makes the assessment as to what a product is worth relative to another. disagreements are likely to occur.
thus the concept of diminishing returns is not applicable to an aesthetic medium.
it is useful where objective measurement is possible, such as in a production environment.
this term was originally applied in micro economics. it is debatable whether it has any usefulness in audio.