Sentence examples for utility maximization from inspiring English sources

Thus, a failure to maximize profit would be inconsistent with household utility maximization.

Merton problem, singular optimal control, option pricing via utility maximization.

Coase was always saying that he didn't believe in utility maximization.

As such, utility maximization is necessarily more subjective than when choices are subject to certainty.

But most of economics is not yet prepared to admit that there would be another tool besides expected utility maximization.

These include: belief updating, finding the most probable explanation, and expected utility maximization.

Compelling evidence exists that behavior is inconsistent with the assumptions of expected-utility maximization.

It is a principle of conditional expected-utility maximization.

Switching from conditional to causal probabilities makes expected-utility maximization yield acting uncooperatively.

Egan's cases count against nonconditional expected-utility maximization, and not against causal decision theory.

Causal decision theory should generalize its principle of expected-utility maximization to handle such cases.