Utility


 

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Utility

A power company that owns or operates facilities used for the generation, transmission, or distribution of electric energy, which is regulated at state and federal levels.



Utility

Similar Matches

Marginal utility

Marginal utility

The change in total satisfaction as a result of consuming one additional unit of a specific good or service.


Dixit-Stiglitz utility

Dixit-Stiglitz utility

The Dixit-Stiglitz function used as a utility function.


Utility function

Utility function

A mathematical expression that assigns a value to all possible choices. In portfolio theory, the utility function expresses the preferences of economic entities with respect to perceived risk and expected return.


Utility function

Utility function

A function that specifies the utility (well being) of a consumer for all combinations goods consumed (and sometimes other considerations). Represents both their welfare and their preferences.


Quasi-linear utility

Quasi-linear utility

A utility function of the form U(x0,x1,...,xn) = x0 + Siui(xi), where ui(×) are strictly concave functions. This is useful for generating demand functions for goods xi that depend only on their own prices in terms of the numeraire x0.


Further Suggestions

Utility revenue bond
Public Utility Holding Company Act of 1935
Utility possibility frontier


 
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