utiliteettia
Utiliteettia is the Finnish term for utility, a central concept in economics and moral philosophy describing the level of satisfaction, usefulness, or welfare produced by a good, service, or action. In economic theory, utiliteettia is the criterion by which individuals are assumed to choose bundles under resource constraints to maximize their expected satisfaction. The concept is used to explain demand, choice, and welfare, and it underpins the idea that markets allocate resources efficiently when individuals act to maximize their utiliteettia.
Two strands have informed the idea: cardinal approaches, which imagine utility as measurable in numerical units
In welfare economics and cost-benefit analysis, changes in policy are judged by their impact on total utiliteettia
In ethics, utiliteetti is tied to utilitarianism, where actions are evaluated by the sum or average of
Within Finnish scholarship, utiliteettia appears in texts on consumer theory, welfare analysis, and policy evaluation, reflecting