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utility |
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utility (Public service), noun public business, public company, public corporation, public industry utility (Usefulness), noun adequacy, advantage, applicability, avail, benefit, convenience, efficacy, employability, fruitfulness, function, helpfulness, practicality, productiveness, productivity, profit, service, serviceability, suitability, usability, use, value Foreign phrases: Omne magnum exemplum habet aliquid ex iniquo, quod publica utilitate compensatur.Every great example has some unfairness, which is compensated by the public utility. See also: advantage, appliance, behalf, benefit, betterment, expedience, feasibility, function, help, instrument, profit, propriety, tool, use, value, worth How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| ? Mentioned in | ? References in periodicals archive | |
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A utility function is just a short-hand summary about an agent's ordinal preferences, not a claim about utils. The number of utils anticipated from consuming the third package of tea divided by the constant number of utils attached to a shilling equals the number of shillings she is willing to pay for a third package of tea. |
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