Local nonsatiation

Local nonsatiation is an economic concept that refers to a preference structure where, at any given consumption level, an individual can find a consumption bundle that they prefer more than their current one, no matter how much of a good they already have. This means that for any combination of goods, there exists nearby alternatives that yield higher satisfaction or utility. In simpler terms, local nonsatiation implies that consumers are never completely satisfied with what they have and can always find something better if they look closely.