"utility" nach Englisch mit Beispielen - Kollokationen-Wörterbuch Englisch
- These can be represented in a number of ways, including standard constrained utility maximization, game theory, or decision theory.
- Unlike neoliberalism, which "defines well-being as utility maximization", economic growth and income are considered a means to an end rather than the end itself.
- While utility maximization was not a controversial assumption, the underlying utility functions could not be measured with great certainty.
- Alchian dismisses profit maximization and utility maximization as meaningful attributes of firms' survival.
- Coase was always saying that he didn't believe in utility maximization.
- And by joining these points of utility maximization, the income-consumption curve for perfect substitutes is obtained.
- In the absence of uncertainty about the threshold, expected utility maximization simplifies to maximizing the probability of achieving some fixed target.
- If the uncertainty is uniformly distributed, then expected utility maximization becomes expected value maximization.
- This grew out of the expected utility principle in economic theory, i.e. that people will make rational decisions based on their expectations for utility maximization.
- Another way of integrating the conclusion with utility maximization is some form of inequity aversion model (preference for fairness).
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