This is a thread where people can ask questions that they would ordinarily feel embarrassed for not knowing the answer to. The previous thread is at close to 500 comments.
Yes, non-linear valuation means that your subjective value for X does not increase linearly with linear increases in X. It might increase logarithmically, or exponentially, or polynomially (with degree > 1), or whatever.
This is a thread where people can ask questions that they would ordinarily feel embarrassed for not knowing the answer to. The previous thread is at close to 500 comments.