Sentence examples for maximizing their utility from inspiring English sources

Conjoint analysis in the same time presumes that consumers are rational in their decisions and are maximizing their utility functions.

In this model, the formation of economic clusters is a consequence of the competition between economic forces that are consistent with atomistic agents maximizing their utility.

The field of behavioral economics combines psychology and economics to investigate how individuals actually behave as opposed to how they would behave if they were being perfectly rational (as in the sense of maximizing their utility).

This is a sequential group reciprocity equilibrium as all players are maximizing their utility.

Phillips (2011), Phillips and Pohl (2012) and Phillips (2009) have all employed economic frameworks to establish how lone attackers would act if maximizing their utility.

We assume customers are maximizing their utility and thus they will buy in the period in which their utility is non-negative and is larger than that in another period as shown in Table 2.

In return, SUs work as the followers, by paying PUs the relative price for spectrum utilization and maximizing their utilities in terms of spectrum access for a specific time period.

Furthermore, we show that our pricing scheme encourages the CPs to declare their truthful demands by maximizing their utilities for real declarations.

"People move to maximize their utility," Professor Massey said.

Econ 101 teaches us that people maximize their "utility" or well-being, rather than simply their financial wealth.

However, to maximize their utility, nodes may tell lie about their cost.