Andriy Blokhin has 5+ years of professional experience in public accounting, personal investing, and as a senior auditor with Ernst & Young. Erika Rasure is globally-recognized as a leading consumer ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. In economics, demand is the consumer's ...
Utility, the key decision variable underlying economic choices, should represent risk, which is inherent to real-life decisions. We studied two prevalent forms of risk that are characterized by the ...
Utility is the importance that we attach to things. We make choices on the basis of this importance. Indeed, in economic terms, “utility,” “importance,” and “value” are synonyms. We choose what is ...
Abstract: Utility function recently has been adopted in network studies to describe quality of service. However, the existing utility functions focus only on the effect of power or throughput, so are ...
Abstract: Utility functions provide a natural and advantageous way for achieving self-adaptation in distributed systems. We implemented in a realistic prototype ...