utilityarvot
Utility values, often referred to as subjective utilities or simply utilities, are a fundamental concept in decision theory and economics. They represent the desirability or satisfaction an individual derives from a particular outcome or state of affairs. Unlike objective measures like monetary value, utility is a subjective and personal assessment. The concept allows for the quantification of preferences, even when dealing with abstract or intangible outcomes.
The theory of utility assumes that individuals make choices to maximize their utility. This means that when
While the precise calculation of utility can be complex and depends on individual psychological factors, the