utility function
Britishnoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
My own suggestion is simply to have a universal basic income and then everyone can purchase whatever it is that satisfies their own personal utility function.
From Forbes ● Jun. 9, 2015
People value the cash that they can spend on what they desire more highly than receiving goods and or services of the same value but which might not so closely match their own utility function.
From Forbes ● Jun. 9, 2015
It could designate a single activity or feature of money funds as a systemically important utility function.
From New York Times ● Aug. 30, 2012
We then propose a measure — a ranking mechanism called a utility function — that follows people’s preferences.
From New York Times ● Jan. 25, 2011
This is why taxi drivers in New York cease working in a busy day, having reached a pre-determined income target: the utility function of their money equals the utility function of their leisure.
From After the Rain : how the West lost the East by Vaknin, Samuel
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
