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Uncommonutility function
The correct spelling is utility function.
How to pronounce utility function
noun
Say it like: Uti-lit-ee -fun-csh-on
The correct spelling is utility function. A mathematical function that assigns a real number to every element of the outcome space in a way that captures the agent's preferences over both simple and compound lotteries.
Usage Examples
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Definition
noun
- 1.A mathematical function that assigns a real number to every element of the outcome space in a way that captures the agent's preferences over both simple and compound lotteries.
Similar words
Words related in meaning — check their spelling too.