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utility function
(redirected from utility functions)

    Also found in: Financial 0.01 sec.
utility function
n Economics
(Economics) a function relating specific goods and services in an economy to individual preferences
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Today, water bottles not only come in trendy designs and cool utility functions, they are also made to be eco-friendly.
Go Green with Eco-Friendly Sports Bottles by Kim Medeiros / Business, regional community
These utility stools can be used in kitchens, warehouses, and store rooms where they offer multiple utility functions.
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Reference-based utility functions and aversion to loss have been found relevant in explaining individual behavior.
Kautilya on risk-return trade-off and diversification by Sihag, Balbir S. / Indian Journal of Economics and Business
 
 
 
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