Assuming that there are p=8 evaluation functions, the utility of actor i for choosing concept j is defined as U i ig ( c j ) = β 1 g XI i ( c j ) + β 2 g NI i ( c j ) + β 3 g AS i ( c j ) + β 4 g CS i ( c j ) + β 5 g AH i ( c j ) + β 6 g CP i ( c j ) + β 7 g RC i ( c j ) + β 8 g GC i ( c j ) (15).
For example: a change in the utility of Actor II in Figure 5 shifts the original Pareto frontier upward into the modified Pareto frontier.
Like other minority actors of the time, Mr. Montalbán, with his dark good looks and his Spanish accent, seemed to be a kind of racial utility player.
This paper considers the utility of actor-network theory as a basis for uncovering the mutual interdependencies between system design and system impact in an evolving project, and for exploring the implications that these interdependencies hold for the production of safety in behavioral health care.
For many decades, the basic idea at the center of decision theory has been the notion of the human as a rational, utility-maximizing actor -- a creature very unlike the idea of humankind held by the tradition of theology.
The utility of each actor determines the value of the outcome to this actor, leading to a preference order of allocations for the actor; the higher the utility, the more preferred the outcome.
This study is based on interviews with households, business actors (utility service, retailer, maintenance firm) and policy actors.
"Common-value" assets have equal value to all bidders, or, in other words, its utility to each actor "would provide equal value to all of them". If the asset is exclusively a private-value asset then the winner need not worry about the "winner's curse". Often, however, the asset is a hybrid of the two, forcing the bidder to assess which of the two values is most useful or important to her.
Thereby individual actors' utility maximisation through rational choices, ideally, leads to an optimal resource allocation in society at the national and even international level [ 17, 18].
Thereby, ideally, individual actors' utility maximisation on the demand side as well as the supply side results in an optimal resource allocation and production in society [ 4, 15, 16].
