one-period utility function

  • 1Utility — This article is about the economic concept. For other uses, see Utility (disambiguation). Part of a series on Utilitarianism …

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  • 2One World Trade Center — Freedom Tower redirects here. For other uses, see Freedom Tower (disambiguation). For the building complex destroyed in the September 11 attacks, see World Trade Center. For the specific WTC building formerly known as One World Trade Center, see… …

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  • 3Loss function — In statistics and decision theory a loss function is a function that maps an event onto a real number intuitively representing some cost associated with the event. Typically it is used for parameter estimation, and the event in question is some… …

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  • 4Marginal utility — In economics, the marginal utility of a good or service is the utility gained (or lost) from an increase (or decrease) in the consumption of that good or service. Economists sometimes speak of a law of diminishing marginal utility, meaning that… …

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  • 5Paleolithic Period — or Old Stone Age Ancient technological or cultural stage characterized by the use of rudimentary chipped stone tools. During the Lower Paleolithic (с 2,500,000–200,000 years ago), simple pebble tools and crude stone choppers were made by the… …

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  • 6economics — /ek euh nom iks, ee keuh /, n. 1. (used with a sing. v.) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. 2. (used with a pl. v.) financial considerations;… …

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  • 7Europe, history of — Introduction       history of European peoples and cultures from prehistoric times to the present. Europe is a more ambiguous term than most geographic expressions. Its etymology is doubtful, as is the physical extent of the area it designates.… …

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  • 8Real estate economics — is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of prices, supply, and demand. The closely related fields of housing economics is narrower in scope, concentrating on… …

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  • 9Austrian School — Part of a series on Libertarianism Austrian School …

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  • 10Labour economics — seeks to understand the functioning of the market and dynamics for labour. Labour markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labour services (workers), the demanders of labour… …

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