Results 221 to 230 of about 425,843 (259)

The S-Shaped Utility Function

Synthese, 2003
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
openaire   +1 more source

Utility as an Additive Set Function

Mathematics of Operations Research, 1992
Foundations for additive models of subset evaluation are stated by axioms for a preference relation on a family S of subsets of X that cover X. The axiomatizations include cases in which S is arbitrary, S contains only finite subsets of X, and S is the set of all subsets of X. Expected utility with subsets as outcomes is also considered.
openaire   +2 more sources

Calibration of Utility Function

2013
Utility theory belongs to a very interesting part of a modern decision making theory. We develop the basic concept of utility theory on a determination of a personal utility function which was founded empirically by short personal interview. We suggest a calibration of theoretical utility function by expected utility maximization criterion.
openaire   +1 more source

Elicitation and utilization of application-level utility functions

Proceedings of the 6th international conference on Autonomic computing, 2009
We present a non-analytic approach to self-assessment for Autonomic Computing. Our approach leverages utility functions, at the level of an autonomic application, or even a single task or feature being exercised within that application. This paper describes the fundamental steps of our approach: instrumentation of the application; collection of ...
Paul deGrandis, Giuseppe Valetto
openaire   +1 more source

Utility Function

2014
A utility function is a tool used to assign numerical values to a set of goods or services in order to allow for a numerical representation of the preferences of a rational individual. Though its first use dates back to the 18th century, the term “utility” does not appear until the late 19th century in Welfare Economics, and it is fully axiomatised ...
openaire   +2 more sources

On utility functions

Theory and Decision, 1974
The von Neumann-Morgenstern (vNM) expected utility criterion is a particular case of a more general utility space structure. The general utility function can take care of the intrinsic utility or disutility of risk. An approximation to this general utility function is the proposed Constant Elasticities of Value and Risk (CEVR) function, which is easily
openaire   +1 more source

Utility and Functionings

2007
Utilitarian economists use the term ‘utility’ carefully, but as was mentioned above there are two distinct views of it: the ‘satisfaction/happiness’ view and the ‘desire-fulfilment’ view. The happiness approach goes back to Bentham and has been used extensively by Marshall (1890), Pigou (1920) and others.
openaire   +1 more source

MONEY AND THE WALRASIAN UTILITY FUNCTION

Oxford Economic Papers, 1983
There is a conflict in Walras' 'Elements of Pure Economics' between the literary and mathematical treatment of the utility of money. This paper outlines this conflict and suggests that the clear cut treatment of Walras which may be found in much of the literature is in fact too simplistic to represent Walras' views.
openaire   +1 more source

Time functions as utility functions

2011
It is shown that the problem of the existence of a time function or of a semi-time function in general relativity is mathematically equivalent to that of the existence of a continuous utility function for an agent in microeconomics. Some theorems developed in economics can therefore be used in general relativity.
openaire   +4 more sources

Utility of unidimensional and functional pain assessment tools in adult postoperative patients: a systematic review

British Journal of Anaesthesia, 2022
Ayesha Iqbal, Nicholas Levy, Dileep N Lobo   +2 more
exaly