Sentence examples for utility maximizing from inspiring English sources

It treats households as utility maximizing agents and firms as cost-minimizing and profit-maximizing agents in the economy.

The more general, conventional model of rational economic man, is that of expected utility maximizing man.

The economy is treated like a big machine; the people in it like rational, utility maximizing cogs.

Our entire public policy process is built on the image of people as utility maximizing rational creatures.

We introduce a model that determines a utility maximizing intervention scheme and further investigate the model.

Optimal futures and at-the-money put option hedge ratios are derived for expected utility maximizing cotton and soybean producers.

Because men and women have different preferences concerning hours, profit- (or utility-) maximizing employers post a salary-hour combination that considers the differences in gender preferences and the mix of men and women who would typically choose their jobs.

In other contexts, interpreting people's behavior as expected-utility maximizing requires undue violence to the principle of parsimony in theory construction.

It could lead policy makers to finally reject policies built on the assumption that people are coldly rational utility-maximizing individuals.

As they rode, Lincoln told the friend that he believed in what economists would call the utility-maximizing theory of behavior, that people always act so as to maximize their own happiness, and for no other reason.

In terms of the utility-maximizing conception of rationality which he has accepted until recently (Gauthier, forthcoming), Gauthier argues that the aim of maximizing utility does not mean that we should, at each decision point, maximize utility.