Talk:law of diminishing marginal utility

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Deletion debate[edit]

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See WT:RFDO#Transwiki:law of diminishing marginal utility. DCDuring TALK 10:36, 9 May 2009 (UTC)

What's next, second law of thermodynamics? "Only in WP" (where it redirects to a section) would be appropriate. DCDuring TALK 10:50, 9 May 2009 (UTC)
Keep, definitely not just SoP and not easy to understand even by looking up the individual words. I'd rather that we improve the article than delete it. Mglovesfun 16:01, 9 May 2009 (UTC)
That criterion is not in WT:CFI. It's not easy for me to understand why it always rains on weekends, but that doesn't make it includable. What you say is what encyclopedias are for: concepts that fit into a framework. DCDuring TALK 16:34, 9 May 2009 (UTC)
I have to admit you have a point... hmmm. Mglovesfun 18:30, 9 May 2009 (UTC)
I may be wrong; I may be overruled or out-argued. I am not especially biased against technical terms, especially in economics and business. For example, marginal utility seems like a good term for us. DCDuring TALK 18:46, 9 May 2009 (UTC)
I don't have to know what the law is, I just have to know that it is a law about a particular something we already define, to be sum of parts. Delete. DAVilla 08:46, 10 May 2009 (UTC)
I agree. Delete. Equinox 11:49, 12 May 2009 (UTC)
On the other hand it SoP is not sufficient grounds for deleting. Could this be kept on the prior knowledge principle? I just think it's strange that the title says it all. DAVilla 11:12, 18 May 2009 (UTC)
I don't know. The term is not just SoP; it refers to the law of diminishing marginal utility, which can be succinctly stated to fit into a dictionary format. However, this opens door for all kinds of terms denoting particular entities, including the mentioned "second law of thermodynamics". I wonder how Murphy's law would fare, and under what policy item from WT:CFI. There are some eponyms, definitely not SoP, but also laws: Bragg's law, Kepler's laws, Metcalfe's law, Coulomb's law, Murphy's law, Boyle's law, Charles's law, Hooke's law, Hubble's law, Kirchhoff's current law, Kirchhoff's voltage law, Newton's first law, Newton's second law, Newton's third law, Ohm's law. --Dan Polansky 11:55, 10 May 2009 (UTC)
...Poincaré conjecture.—msh210 17:15, 12 May 2009 (UTC)
why it always rains on weekends is not a specific, real thing. If law of diminishing marginal utility is a specific, real thing, then keep. I have no idea what it is and I can’t deduce a definition from its parts. If I wanted to know the meaning, the only way I could would be to look up the term, not the parts. —Stephen 18:46, 18 May 2009 (UTC)
I am trying to understand your interpretation of or replacement ‎for WT:CFI. As‎ I understand it, no "specific, real thing" unfamiliar to you (presumably limited to the attestable) should be excluded. I assume that for "you" we can substitute "any person". What would be the status of items not real and/or not specific?
In any event, I cannot find this in WT:CFI and consequently take this to be a proposed replacement therefor. I look forward to BP discussion of this at your earliest convenience. DCDuring TALK 21:13, 18 May 2009 (UTC)
Which parts? [[law]]? [[diminishing marginal utility]]? [[marginal utility]]? [[marginal]]? utility? The set of concepts are elementary parts of economics that make little sense without the whole apparatus. IOW, encyclopedic. I could see an entry for [[marginal utility]], but the others seem to be of no utility. DCDuring TALK 21:29, 18 May 2009 (UTC)
Do you think "diminishing marginal utility" is clear in what the utility of an item is diminishing with respect to? Maybe it's not, yet I'd rather have this law that that phrase alone, since "diminishing marginal utility" by itself, even if it is idiomatic, is superseded in significance by this law as statement of fact. This is what makes the opposite "increasing marginal utility" nonsensical. Those are not good grounds to keep, they are fuzzy concepts that make me worried to let this slip by. I think it's better to err on the side of caution and keep what our gut says is right. Keep the law as used in economics rather than nonsensical antonyms. On the other hand, I'm not entirely convinced we have to keep any of it, and I'm not particularly fond of lemmings. DAVilla 04:47, 26 May 2009 (UTC)
I think even marginal utility is somewhat suspect, but it affords the opportunity to provides links to the encyclopedic discussion that is required and clarify the sense of marginal involved. This RfV is just about the five-word headword, which had seemed so OTT that I would have been inclined to delete it on sight at Transwiki. This is not exactly widespread. The RfV'd term does not appear in COCA; "diminishing marginal utility" appears once. marginal utility appears 10 times, only 4 of which are academic. DCDuring TALK 16:55, 30 May 2009 (UTC)

Kept as no consensus. Mglovesfun (talk) 14:02, 28 September 2009 (UTC)