Learn how utility functions derive demand functions and their role in maximizing consumer satisfaction and economic decision making.
Several weeks ago, an article ran in Inside Higher Ed about the interest of many graduate students in jobs that don’t include a lot of pressure to publish. Instead many were interested in jobs that ...
Mathematics of Operations Research, Vol. 41, No. 1 (February 2016), pp. 146-173 (28 pages) This paper investigates the problem of maximizing expected terminal utility in a (generically incomplete) ...
Rational humans are supposed to maximise their utility while exercising choice between different options. The exercised choice, or the revealed preference, is sometimes taken as a proxy for measuring ...
I. The Evolution of Aviation Concepts of... I. The Evolution of Aviation Concepts of Employment This is the metadata section. Skip to content viewer section.