[danuker]

> utility is more linear or superlinear around where their earnings are

I am not sure what you mean. An extra $1k per month means tons more when you earn $1k compared to when you earn $5k.

[dan-robertson]

Ok, I take back superlinear, but log utility says that an extra $500 when you earn $1k is like earning an extra $2500 when you earn $5k, but I claim it is more like earning say $1000 when you earn $5k (so not linear but not really log either—more like square root)