• In economics, additive utility is a cardinal utility function with the sigma additivity property.: 287–288  Additivity (also called linearity or modularity)...
    2 KB (289 words) - 22:58, 21 April 2024
  • whether given preferences are representable by an additive utility function. If the preferences are additive then a simple arithmetic calculation shows that...
    23 KB (3,953 words) - 10:12, 2 June 2025
  • individual attribute utility functions, b) the aggregating constants' values, and c) whether the attribute utility functions are additive, these terms being...
    15 KB (2,979 words) - 16:34, 25 May 2025
  • Responsive set extension (category Utility function types)
    items are independent, the utility function on bundles is additive, so the utility of a bundle is the sum of the utilities of its items, for example:...
    9 KB (1,664 words) - 06:28, 2 May 2024
  • Thumbnail for Primary color
    primary colors can be predicted by an appropriate mixing model (e.g., additive, subtractive) that uses the physics of how light interacts with physical...
    85 KB (9,917 words) - 05:10, 17 July 2025
  • The expected utility hypothesis is a foundational assumption in mathematical economics concerning decision making under uncertainty. It postulates that...
    43 KB (5,770 words) - 10:39, 12 July 2025
  • Thumbnail for Philip H. Dybvig
    and PhD (1979) degrees in economics. His thesis, titled "Recovering additive utility functions", was supervised by Stephen A. Ross. Dybvig specializes in...
    6 KB (421 words) - 04:28, 10 July 2025
  • that the allocation is Pareto-efficient for at least one vector of additive utility functions consistent with the agents' item rankings). SE is parametrized...
    21 KB (2,902 words) - 04:17, 30 June 2025
  • } An additive utility function is characteristic of independent goods. For example, an apple and a hat are considered independent: the utility a person...
    12 KB (1,808 words) - 15:21, 5 April 2021
  • equalize the utilities of all agents (equivalently: maximize the minimum utility), and the utilitarian rule - aiming to maximize the sum of utilities. The egalitarian...
    15 KB (2,198 words) - 09:24, 21 July 2025
  • V+1)^{n^{2}}\cdot mn^{2})} for additive utilities using dynamic programming. Considering both the number of agents n and the number of utility levels z as parameters...
    28 KB (3,729 words) - 07:39, 16 July 2024
  • Thumbnail for Isoelastic utility
    u(c)} the associated utility, and η {\displaystyle \eta } is a constant that is positive for risk averse agents. Since additive constant terms in objective...
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  • of additive preferences. They provide a succinct representation to some natural classes of utility functions that are more general than additive utilities...
    47 KB (6,587 words) - 07:13, 12 May 2025
  • Thumbnail for Utility pole
    A utility pole, commonly referred to as a transmission pole, telephone pole, telecommunication pole, power pole, hydro pole, telegraph pole, or telegraph...
    48 KB (5,613 words) - 07:02, 29 June 2025
  • Utility assessment, also called utility measurement, is a process by which the utility function of individuals or groups can be estimated. There are many...
    21 KB (2,875 words) - 03:27, 24 June 2025
  • disregards. 2) VNM-utility is not canonically additive across multiple individuals (see Limitations), so "total VNM-utility" and "average VNM-utility" are not immediately...
    21 KB (3,350 words) - 21:45, 12 July 2025
  • Thumbnail for Quality-adjusted life year
    PMID 18263562. S2CID 40830765. Gandjour, A; Gafni, A (March 2010). "The additive utility assumption of the QALY model revisited". Journal of Health Economics...
    29 KB (3,448 words) - 14:39, 24 May 2025
  • methodology employed in marketing to estimate the parameters of additive utility functions. Different multi-attribute stimuli are presented to respondents...
    45 KB (6,030 words) - 23:44, 3 December 2024
  • that microeconomic analysis does not assume additive utility, nor does it assume any interpersonal utility tradeoffs. Efficiency, therefore, refers to...
    22 KB (3,841 words) - 14:48, 24 June 2024
  • Thumbnail for Multiple-criteria decision analysis
    techniques, which exist for eliciting linear additive utility functions and multiplicative nonlinear utility functions, may be used (Keeney and Raiffa,...
    48 KB (5,878 words) - 18:11, 20 July 2025
  • Decision-making software Weighted product model Fishburn, P.C. (1967). "Additive Utilities with Incomplete Product Set: Applications to Priorities and Assignments"...
    7 KB (855 words) - 07:31, 25 May 2025
  • Every additive utility function is weakly-additive. However, additivity is applicable only to cardinal utility functions, while weak additivity is applicable...
    2 KB (317 words) - 22:59, 21 April 2024
  • Thumbnail for Justified representation
    Peters (2021-12-06). "Proportional Participatory Budgeting with Additive Utilities". Advances in Neural Information Processing Systems. 34. arXiv:2008...
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  • Thumbnail for Exponential utility
    In economics and finance, exponential utility is a specific form of the utility function, used in some contexts because of its convenience when risk (sometimes...
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  • arbitrary monotone utilities, a 67-approximate core allocation exists can be computed in polynomial time. For additive utilities, a 9.27-approximate...
    61 KB (8,327 words) - 05:40, 5 July 2025
  • Thumbnail for Plastic
    Plastic (redirect from Polymer additive)
    plastic additives. A randomly chosen plastic product generally contains around 20 additives. The identities and concentrations of additives are generally...
    101 KB (12,524 words) - 10:44, 12 July 2025
  • Thumbnail for Risk aversion
    Risk aversion (redirect from CARA utility)
    differential equation (omitting additive and multiplicative constant terms, which do not affect the behavior implied by the utility function) is: u ( c ) = (...
    40 KB (5,269 words) - 16:16, 27 June 2025
  • mechanisms: With cardinal additive utility functions, no mechanism is symmetric, truthful and ex-ante PE. With ordinal utility functions, no mechanism is...
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  • Thumbnail for Lloyd Shapley
    University where he received a Ph.D. in 1953 based on the thesis "Additive and non-additive set functions". His thesis and post-doctoral work introduced the...
    17 KB (1,486 words) - 22:41, 9 January 2025
  • Heinen et al extended the work of Bouveret and Lemaitre from additive to k-additive utility functions, in which each agent reports a value for bundles containing...
    20 KB (2,899 words) - 19:01, 28 May 2025