"utility" in inglés with examples - Collocation dictionary inglés
- Another very important concept used to understand mental accounting is that of modified utility function.
- In fact, our "utility functions," as economists call them, have not really changed.
- The logarithmic utility function occurs for as goes to 0.
- The consumer's utility function ranks each package in the consumption set.
- However, it is possible for preferences not to be representable by a utility function.
- The software will produce utility functions for each of the features.
- Each has as arguments the set of utility functions for everyone in the society.
- The same functional form arises as a utility function in consumer theory.
- Any number of algorithms may be used to estimate utility functions.
- Note that the result holds regardless of your utility function.
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