If we are concerned with equal utility, then a group has equal utility when all have exactly the same.
In the canonical case with equal utility weights for hits and misses and (pi =0.5,) the optimal operating point maximizes the distance between the average correct classification rates and 0.5, the average correct classification rate of an uninformative classifier.
If a state is a set of worlds with equal utilities, then with respect to a partition of such states every act has the same expected utility.
Similar to the case of the cumulative VSV value, it is also evident that for high load, the LR-D and LT-D approaches achieve comparably equal Utility values and show improvements compared to the NOM case with statistical significance.
Skyrms suggests augmenting the laws of classical probability with an extra requirement that only impossibilities are assigned probability 0. Easwaran (2014) argues that we should instead reject the view that expected utility theory commands indifference between acts with equal expected utility.
I construct two economies that have agents with equal endowments with shares of financial assets and consumption goods, equal utility functions and payoffs.
25 To further analyse the changes in utilities, patients were divided into three groups: improved, diminished or equal utility score over time.
For, other things being equal, the decreasing marginal utility to individuals of money and goods of all kinds favors a more equal distribution of income and wealth.
It can be used to design a price schedule such that the customer's expected monthly water bill is equal to what it costs the utility to provide that customer with water.
To test Gorman's conditions for exact linear aggregation (which boil down to consumers having preferences of the Gorman Polar Form with an equal marginal utility of income), one needs to make many additional assumptions to bring these conditions to the data.
Economic utility to whom?
