a function relating specific goods and services in an economy to individual preferences
Examples of 'utility function' in a sentence
utility function
The given points are then approximated by the utility function.
Višnja Vojvodić Rosenzweig, Hrvoje Volarević 2010, 'CREATION OF OPTIMAL PERFORMANCE OF AN INVESTMENT PROJECT', Croatian Operational Research Reviewhttp://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=137547. Retrieved from DOAJ CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)
This utility function quantifies the degree of utilization of resources.
Mahdi Shabany, Keivan Navaie, Elvino S. Sousa 2007, 'A Utility-Based Downlink Radio Resource Allocation for Multiservice Cellular DS-CDMANetworks', EURASIP Journal on Wireless Communications and Networkinghttp://dx.doi.org/10.1155/2007/76193. Retrieved from DOAJ CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)
With the help of statistical sample an exponential utility function showed the best matching.
Andrejszki Tamas, Torok Adam, Csete Maria 2015, 'Identifyingy the Utility Function of Transport Services From Stated Preferences',Transport and Telecommunicationhttp://www.degruyter.com/view/j/ttj.2015.16.issue-2/ttj-2015-0013/ttj-2015-0013.xml?format=INT. Retrieved from DOAJ CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)
The result depends on signs of the third partial derivatives of the bivariate utility function.
Piotr Dudziński 2013, 'Impact of background risk on self-insurance against health loss', Contemporary Economyhttp://www.wspolczesnagospodarka.pl/?p=674. Retrieved from DOAJ CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)
The utility function was evaluated in order to determine the probability of a decision.
Arantes Paula R, Caous Cristofer A, Lessa Patrícia S, Amaro Edson, de Souza Fernando 2008, 'Decision theory applied to image quality control in radiology', BMC Medical Informatics and Decision Makinghttp://www.biomedcentral.com/1472-6947/8/51. Retrieved from DOAJ CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)
The methods used are: multicriteria assessment and optimization methods, utility function.
Nataliia Kosenko, Alona Kolomiiets 2017, 'BUILDING AND DEVELOPING A PROJECT TEAM ON THE BASIS OF A MULTICRITERIA MODEL', Сучасний стан наукових досліджень та технологій в промисловостіhttps://itssi-journal.com/index.php/ittsi/article/view/31. Retrieved from DOAJ CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)
Through the design of the utility function, we prove that both games have stable solutions.
Lang Ruan, Jin Chen, Qiuju Guo, Xiaobo Zhang, Yuli Zhang, Dianxiong Liu 2018, 'Group Buying-Based Data Transmission in Flying Ad-Hoc Networks: A Coalition Game Approach',Informationhttp://www.mdpi.com/2078-2489/9/10/253. Retrieved from DOAJ CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)
For the proposed utility function, some cases with different value parameters are considered.
S. S. Askar, Mona F. EL-Wakeel, M. A. Alrodaini 2018, 'Exploration of Complex Dynamics for Cournot Oligopoly Game with Differentiated Products',Complexityhttp://dx.doi.org/10.1155/2018/6526794. Retrieved from DOAJ CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)