Sentence examples for marginal utility for from inspiring English sources

The marginal utility for the second ticket was forty, and the marginal utility for the third ticket was thirty-six.

So the marginal utility, so if you go one, two and three here, the marginal utility for the first ticket was forty-four.

Thus under the assumed conditions we may interpret pi, the price of state i, as a constant times the user's marginal utility for the wealth wi selected for that state.

So anyway, diminishing marginal utility for both of these, so for instance we could have a hundred X minus one half X squared plus Y. That's one example of a utility function.

Having studied 298 killings or arrests of leaders from 1945 through 2004, Ms. Jordan concluded that "the marginal utility for decapitation is actually negative," because martyrdom can actually rally the troops.

However, because Mr. Weiner is no longer on the ballot, and because the magnitude of the incumbency advantage varies substantially from district to district, this is of marginal utility for forecasting purposes.

Sivey et al. [49] have suggested that respondents who have difficulty in choosing, who had a hard time understanding the choice tasks or who have very low marginal utilities for some attributes may exhibit choice behaviour that appears to be nearly random which may result in a significant amount of heterogeneity in the scale parameter.

The corresponding marginal utility of consumption for rule-of-thumb households is thus begin{aligned} lambda _t^r = frac{[c^r_t-hcdot c^r_{t-1}]^{-sigma _c} -beta cdot hcdot E_tleft{ [c^r_{t+1}-hcdot c^r_{t}]^{-sigma _c}right} }{(1+tau ^c)}.

Because the direct utility function is quadratic and includes an interaction term between the hours of work for men and women, the marginal utility of hours of work for men and women are functions of the level of hours of work for men and women and the level of disposable household income.

He might, however, try to derive some support for it from utilitarian arguments about decreasing marginal utility of income and wealth, for it is weaker than the more egalitarian view that Brandt (1979) defends on utility maximizing grounds and for which Gibbard expresses some sympathy.

This finding could result from the fact that, for those workers, financial incentives are not a good proxy for the marginal utility from working.